Hormuz, Houthis & Saudi Arabia: The Oil Crisis Threatening the Global Economy | Kamran Khan | OMR

Watch On My Radar with Kamran Khan, Monday to Friday at 8:03 PM on ARY News. Oil prices have surged above $109 a barrel as the Middle East war enters a dangerous new phase, raising fears that crude could climb to $120 or even $130. In this episode of On My Radar with Kamran Khan, we examine the widening regional conflict and the growing risks to key energy and shipping routes, including the Strait of Hormuz and Bab el-Mandeb. The discussion looks at the Houthi threat, attacks on Saudi Arabia’s energy infrastructure, the Saudi East-West pipeline disruption and growing GCC concerns over regional security. The crisis could have major consequences for the global economy, including higher inflation, interest rates, shipping costs, energy prices and supply chain disruptions. For Pakistan, the risks are particularly significant as petrol and diesel prices remain near record levels. We also examine what the latest oil shock could mean for Pakistan’s economy and the State Bank of Pakistan’s decision to keep the policy rate unchanged at 11.5%. Key topics: • Oil prices above $109 and the risk of $120 to $130 oil • Strait of Hormuz and Bab el-Mandeb • Houthi attacks and Saudi Arabia’s response • Saudi energy infrastructure and East-West pipeline disruption • GCC warnings over regional security • Global inflation and interest rates • Shipping and supply chain risks • Pakistan’s petrol and diesel prices • Pakistan’s economic outlook • SBP policy rate remains at 11.5% Watch the full analysis for the latest developments and what the escalating Middle East crisis could mean for global energy markets and Pakistan. #Nukta #Nukta Pakistan #OnMyRadar #OMR #KamranKhan #MiddleEast #OilPrices #Hormuz #SaudiArabia #Houthi Follow us on: Facebook: https://www.facebook.com/profile.php?... Instagram:   / nukta.pakistan   TikTok:   / nuktapakistan   X: https://x.com/NuktaPakistan