According to Anadolu, Brent crude has fallen by 4.5 per cent to $73.6 per barrel, the lowest since before the US-Iran war, while the US West Texas Intermediate (WTI) has slipped below $70, as supply concerns around the Strait of Hormuz ease.
The government’s constant threats to suspend KP’s elected dispensation over a political protest have escalated hostilities considerably. In that context, both sides did well to start talking.