- An economic summit is taking place in Islamabad, Pakistan, involving Prime Minister Shehbaz Sharif.
- The Pakistani government, led by Prime Minister Shehbaz Sharif, is discussing tax proposals for Islamabad with the International Monetary Fund delegation.
The Middle East conflict is impacting global crude prices, coinciding with the IMF reviewing structural conditions and reforms related to Pakistan.
2 reports, 1 independent
Updated Thu 00:00
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What happened
The Middle East conflict is impacting global crude prices, coinciding with the IMF reviewing structural conditions and reforms related to Pakistan.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- IMF provided resilience financing to Pakistan, with the Middle East region of focus.Sub-event
- Renewed hostilities in the Middle East are threatening oil supply lines, leading to global price hikes and prompting the Pakistani government to review its subsidy scheme.Sub-event
Middle East conflict drives up oil prices while IMF reviews structural conditions in Pakistan.1 source
Keep exploring
Part of
The Pakistani government, led by Prime Minister Shehbaz Sharif, is discussing tax proposals for Islamabad with the International Monetary Fund delegation.Also in this story
All 3 developmentsWithin An economic summit is taking place in Islamabad, Pakistan, involving Prime Minister Shehbaz Sharif.
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Pakistan
sovereign state in South Asia
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International Monetary Fund
international financial institution
Related events
- Conflict in the Middle East drives up crude oil prices.
- Middle East conflict prompts a reversal in oil prices.
- Rising crude oil prices are attributed to ongoing tensions in the Middle East.
- Geopolitical tensions in the Middle East caused a spike in global oil prices, which subsequently dragged the Pakistan Stock Exchange index.
- Conflict in the Middle East is weighing on prices, reported by Statistics Canada.