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Oil prices spike as ship attacks rattle Strait of Hormuz

Oil prices spike as ship attacks rattle Strait of Hormuz

SINGAPORE: Oil prices jumped on supply concerns after a series of attacks on ships in the Strait of Hormuz, along…
IMF urges Pakistan to phase out petrol subsidy

IMF urges Pakistan to phase out petrol subsidy

The International Monetary Fund (IMF) has called on Pakistan to gradually phase out its petrol subsidy scheme and avoid expanding…
Pakistan, Bahrain pledge to deepen trade and economic ties

Pakistan, Bahrain pledge to deepen trade and economic ties

Pakistan and Bahrain have reaffirmed their commitment to expanding trade and economic cooperation, with both sides agreeing to strengthen collaboration…
Oil prices jump as Middle East risks mount

Oil prices jump as Middle East risks mount

Oil prices moved higher on Thursday as concerns over disruptions to crude supplies increased amid a rise in attacks on…
Petroleum minister vows transparency on fuel prices

Petroleum minister vows transparency on fuel prices

Federal Petroleum Minister Ali Pervaiz Malik has acknowledged growing public hardship caused by rising fuel prices, saying the government understands…
Electricity consumers face Rs1.11 per unit fuel adjustment in October

Electricity consumers face Rs1.11 per unit fuel adjustment in October

Electricity consumers across Pakistan will face an additional fuel cost adjustment of Rs1.11 per unit in their October bills, adding…
Govt clarifies World Bank’s Pakistan poverty data

Govt clarifies World Bank’s Pakistan poverty data

The government has sought to clarify a recent World Bank assessment showing that Pakistan accounts for nearly half of the…
Pakistan likely to receive Qatari LNG cargo within 3-5 days

Pakistan likely to receive Qatari LNG cargo within 3-5 days

ISLAMABAD: Pakistan is expected to receive an LNG shipment from Qatar within the next three to five days after the…
Direct Europe shipping service restored to facilitate exporters: Junaid Anwar

Direct Europe shipping service restored to facilitate exporters: Junaid Anwar

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday said that direct shipping connectivity between Karachi and…
Pakistan stocks close lower after volatile trading session

Pakistan stocks close lower after volatile trading session

KARACHI: Pakistan’s stock market closed in negative territory on Thursday after a volatile trading session, with the benchmark KSE-100 Index…
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