It depends on oil — not emotion.
The only real economic transmission channel from the Iran conflict to Pakistan is energy pricing.
A 10% oil rise sustained for 12 months implies under $2 billion additional burden. That does not justify systemic equity collapse.
What causes crashes is leverage and panic — not arithmetic.
Four Sellers in a Geopolitical Shock
-
Leveraged investors forced to unwind.
-
Panic sellers imagining worst-case collapse.
-
Opportunistic traders attempting 10–30% swings.
-
Fundamentalists stress-testing oil at $100+.
History shows the first two lose the most.
