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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Why diesel prices are rising more than crude oil
A worker fills his truck with diesel fuel at a corporate filling station in San Diego, California, US, May 18, 2026. — Reuters
Prices at the pump for diesel and other fuels are hitting fresh highs as the wars and the Middle East and Ukraine have not only choked off…
Qatari LNG tanker successfully crosses Hormuz to Pakistan, shows data
This representational file photo shows a fisherman standing in his boat as a liquid natural gas tanker passes the coast near Havana. — ReutersVessel Mihzem has capacity of 174,000 cubic metres.Ship departed Ras Laffan on Monday and crossed strait today.Two more Qatari LNG tankers…
PSX rises as oil retreats on US-Iran peace hopes
Broker is busy in trading at Pakistan Stock Exchange in Karachi on Tuesday, July 1, 2025. — PPIKSE-100 Index closed at 171,725.29, up 3,881.05 points, or 2.31%.Index hit intraday high of 171,920.80, up 4,076.56 points, or 2.43%.Index recorded a low of 170,161.66, still up 2,317.42…