The Pakistan Stock Exchange recorded its largest-ever single-day decline on Monday, with the benchmark KSE-100 Index plunging 16,089.17 points amid heavy selling triggered by geopolitical tensions.

Tensions have heated up again between Islamabad and Kabul this week after Pakistan launched airstrikes on militant targets in Afghanistan.

Editor's note: Faig Mahmudov is an Azerbaijan-based journalist. The article expresses the author's personal opinion and may not coincide with the view of News.Az.

India and Pakistan will figure out relations between themselves, U.S. President Donald Trump said on Friday as tensions soared between the two neighboring countries after an attack in India's Kashmir region that was the worst in nearly two decades.

Tensions between Pakistan and India, two nuclear-armed neighbors, have once again flared as both sides exchanged fire along their disputed border in the Kashmir region. The skirmishes, which erupted in recent days, have drawn widespread international attention, with the United Nations calling for "maximum restraint" from both nations in a bid to prevent further escalation.