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PSX Plunges 3,791 Points over Oil Worries

The Pakistan Stock Exchange (PSX) on Monday came under severe selling pressure, tracking a broader global market decline, as fears of rising inflation intensified amid a global oil crisis. The bourse plunged nearly 3,800 points, triggered by stalled US-Iran peace negotiations, which kept tensions high around the Strait of Hormuz and pushed crude prices above $110.91 per barrel. The market was further jolted by reports of an attack on a UAE nucle…

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The Express Tribune broke the news in Pakistan on Monday, May 18, 2026.
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