Oil Prices Plunge Nearly 5% on Trump's Iran Talks: OGDC, PPL and PSO Stocks in Focus
Brent and WTI crude tumbled almost 5 percent after Trump announced fresh talks with Iran, easing the Middle East war premium that had lifted oil prices for months. Pakistani E&P names such as OGDC, PPL and POL and fuel marketers like PSO face lower realisations and inventory losses if the drop holds.