A view of Hin Leong’s Pu Tuo San VLCC supertanker in the waters off Jurong Island in Singapore, July 11, 2019. — ReutersProlonged Strait of Hormuz disruption could remove 8-10m bpd from supply.Rising energy prices may fuel inflation, hurt global economic growth.Major shipping…
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Oil extends decline on rising Middle East supply
A view of oil storage tanks and facilities in Ningbo, Zhejiang, China, March 21, 2026. — ReutersBrent, WTI hit lowest since February 27.More stranded oil tankers exit Hormuz.US crude stocks hits lowest since 1984.
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Govt bans supplementary grants under IMF policy
The International Monetary Fund headquarters building is seen in this picture taken on April 8, 2019. — ReutersMinistry of Finance issues official memorandum.Only disaster-related grants allowed without Parliament’s nod.Ministries must exhaust all options before seeking extra…
Pakistan’s 90% gold trading occurs outside formal channels: report
An undated file image of gold sets displayed at a jewellery store. — AFP/FileStudy highlights fragmented regulation driving distortions.CCP urges hallmarking to ensure nationwide purity standards.Proposed authority aims to unify gold sector governance.
ISLAMABAD: Nearly 90%…