Possible scenario
Pakistan Nexus Complicates
25%
+0.2%
The investigation finds a meaningful Pakistan connection, but the evidence is more ambiguous than the Iran track. Islamabad denies state involvement and argues that Pakistani infrastructure, contractors, or intermediaries were exploited by foreign actors.
What it moves
- Technology+0.5%
- Consumer Services−0.2%
- Riskier companies' borrowing costs
- Oil prices
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