Pakistan, April 27 -- Global oil prices surged by more than two percent as escalating tensions in the Middle East continued to unsettle energy markets, raising concerns about supply disruptions.

Read More: Pakistan raises petrol and diesel prices amid global oil pressure

Benchmark Brent crude oil climbed to around $107 per barrel, while West Texas Intermediate (WTI) reached approximately $96 per barrel. The increase reflects growing uncertainty among investors amid ongoing geopolitical developments in the region.

Market analysts attribute the rise largely to renewed concerns over the stability of supply routes, particularly around the Strait of Hormuz, a key global shipping corridor through which a significant portion of the world's oi...