Pakistan, July 13 -- The Pakistan Stock Exchange (PSX) came under significant selling pressure on Monday as escalating tensions in the Middle East and a sharp rise in global oil prices dampened investor confidence.

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The benchmark KSE-100 Index fell to an intraday low of 179,448.52, losing 2,793.25 points, or 1.53%, from its previous close of 182,241.77. During the trading session, the index reached an intraday high of 181,106.81 but remained in negative territory, reflecting cautious market sentiment.

Market analysts attributed the decline to renewed hostilities between the United States and Iran, which have heightened concerns over regional stability and the security of global energy supplie...