Global Oil Crisis Deepens as Dubai Crude Jumps 10%, Pakistan Faces Fuel Price PressureDubai crude prices have surged 10%, reaching $88.99 per barrel. Pakistan’s petroleum market is facing growing pressure from rising global oil and refined fuel prices. Pakistan’s petroleum market is facing mounting pressure as the global oil crisis intensifies, with Dubai crude prices rising by around 10% to $88.99 per barrel. International crude oil and refined petroleum product prices are rising, while freight charges and import premiums have also increased. The simultaneous rise in crude oil prices, refined fuel costs, freight rates and import premiums means Pakistan’s petroleum market is facing pressure from several directions at once.