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Business
IEA Emergency Oil Reserves Release to Start Soon as Iran War Drives Crude Price Spike
The IEA emergency oil reserves release will begin soon as governments move to counter a sharp rise in crude prices…
Government Keeps Petroleum Levy On Petrol And Diesel Unchanged
The petroleum levy on petrol and diesel will remain unchanged after the federal government issued a notification confirming that the…
Stocks Fall As Oil Tops $100, Dollar Gains Amid Iran Wa
Stocks fell as oil topped $100 and the US dollar strengthened on Friday, amid uncertainty over the Iran war that…
Iran Lets Indian LPG Tankers Through Strait of Hormuz
Iran lets Indian LPG tankers through the Strait of Hormuz, allowing two Indian-flagged liquefied petroleum gas carriers to pass in…
India Bottled Water Prices Rise As Iran War Hits Packaging Costs
India's bottled water prices are coming under pressure as the Iran war disrupts supplies and pushes up the cost of…
PSX Experiences Mixed Trading on IMF Hopes and Oil Fears
The Pakistan Stock Exchange (PSX) experienced volatile, mixed trading on Thursday as conflicting forces pulled the market in opposite directions. A sharp surge in…
Dubai Banks Evacuate After Iran Threat: Gulf Financial Hub on Edge
Dubai bank evacuations, Iran threat concerns intensified on Wednesday after Citigroup and Standard Chartered began taking precautionary steps in the…
PSX Rally on Falling Oil Prices Lifts KSE-100 Above 158,000
The PSX rally on falling oil prices extended on Wednesday, with the benchmark KSE-100 index climbing above 158,000 points in…
Oil Prices Swing as IEA Weighs Record Reserves Release Over Iran War
Oil prices, headlines about the IEA's reserves release, drove sharp swings on Wednesday as traders reacted to reports that the…