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Business

Oil Prices Fall on Hormuz Relief as Tankers Move

Oil prices fell on Hormuz relief, which was the key market story on Monday after some vessels sailed through the Strait…

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KSE-100 Index Falls Monday as Oil Shock, IMF Delay Hit Pakistan Stocks

The KSE-100 index fell on Monday, reflecting a shaky start to the week for Pakistan’s equity market, as heavy selling pushed the…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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