A foreign currency dealer counts US dollars at a shop in Karachi, on May 19, 2022. — AFP/FileMusadaq Zulqarnain, a Pakistan Business Council member, said that the $5bn aid from friendly countries may ease short-term pressures but is not in Pakistan’s long-term…
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Oil rises as global markets assess supply risks after Iran denies US talks
A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. — Reuters
Trump says US and Iran have ‘major points of agreement’.Iran rejects claims of contact with Washington amid conflict.Brent could hit $150 if Hormuz stays shut through…
Oil slips after Trump says talks with Iran are ongoing
A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, US February 18, 2025. — ReutersTrump says Iran talks continue despite reports of suspension.Markets eye Strait of Hormuz reopening amid diplomatic efforts.Analysts say US-Iran talks key…