Pakistan, March 20 -- Global markets remained volatile on Friday as oil prices eased, while bond markets continued to reflect investor anxiety over rising inflation risks linked to the ongoing Middle East conflict.
Brent crude fell about 3% to around $105 per barrel, while US crude dropped more than 2% to near $94. The pullback followed efforts by major economies, including members of the Group of Seven, to stabilise energy supply routes such as the Strait of Hormuz. However, prices remain elevated, having surged over 40% this month amid the United States and Israel conflict with Iran.
Central banks have intensified concerns by warning that the energy shock could fuel persistent inflation. Investors are now reassessing expectations, wit...
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