An employee demonstrates a sample of crude oil in the Yarakta Oil Field, owned by Irkutsk Oil Company , in Irkutsk Region, Russia, in this picture illustration taken March 11, 2019. — ReutersEscalation follows US pledge to force the shipping route open.Central banks turn more hawkish…
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Pakistan secures $1.81bn in foreign loans in Q1FY26
A person counts dollar notes in this illustrative image taken on May 30, 2022. — Reuters
Pakistan received $1.81 billion in foreign loans during the first quarter of the current fiscal year, according to data released by the Economic Affairs Division .
The report showed that…
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…
IMF lifts Pakistan’s growth outlook to 3.6% despite flood risks
The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC. — AFP/FileAnticipated increase attributed to normalisation of prices.Pakistan’s 2026 growth to rise amid reforms, rising confidence.IMF’s fiscal outlook improves for MENAP oil…