An oil tanker sits anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 7, 2026. — ReutersOil prices fall after surging as high as $119/barrel on Monday.Trump predicts war in Middle East could be…
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Punjab Airlines to ‘begin operations in April’
A passenger aircraft descends to land at an airport. — Reuters/FileCM Maryam will use Punjab Airlines once it starts.No separate special aircraft to be purchased for her.Existing, new aircraft will be used entirely for profit.
LAHORE: The Punjab government’s airline is set…
Govt moves to replace 12-slab gas tariff with uniform rate
A representational image of flames in a gas ring of an oven. — Reuters/File
The Petroleum Division has begun efforts to replace the existing gas tariff structure, which uses 12 customer-category slabs, with a single uniform rate, while the transition would be based on…
PSX extends losses amid IMF delay, widening trade gap
Brokers are busy in trading at Pakistan Stock Exchange in Karachi on Wednesday, June 4, 2025. — PPIKSE-100 Index closed at 158,443.42 points, down 4,654.77 points, or -2.85%.Session low was recorded at 158,067.92, decline of 5,030.27 points, or -3.08%.Index recorded an intraday high…