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Tue, Jul 14, 2026

Oil prices surge above $90 as Asian markets rally

Pakistan plans Russian oil imports amid Strait of Hormuz fears: Envoy

ISLAMABAD: The price of crude oil continues to fluctuate in the global market.

The price of US crude oil has risen above $91, while British Brent crude oil is trading at $94 per barrel.

On the other hand, the Asian stock market is seeing a bullish trend today. The Tokyo Stock Market index increased by 2 percent, while the South Korean stock index increased by 1.78 percent. There is a bullish trend in the stock markets of Hong Kong, Malaysia, Taiwan and Shanghai.

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