Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, in the United Arab Emirates, March 11, 2026. — ReutersThe US-Israeli war on Iran has already cost companies around the world at…
Related Posts
US Fed makes first 2025 rate cut citing job market risks
View of the facade as construction continues on the Federal Reserve Board Building, during the Federal Open Market Committee meeting on interest rate policy at the Federal Reserve in Washington, DC, US, September 17, 2025. — ReutersFed cuts rates for first time in nine months.Fed…
Nationwide fuel shortage looms as petroleum cargoes held over tax dispute
A large number of oil tankers are parked near Shireen Jinnah Colony in Karachi. — Online/FilePetroleum cargoes remain stranded at Karachi ports.Five major petrol and diesel vessels await clearance.Sindh restores 100% IDC bank guarantee requirement.
Pakistan is facing the…
UAE loan recall pressures Pakistan’s fragile external position: report
Prime Minister Shehbaz Sharif and President of UAE Sheikh Mohamed bin Zayed Al Nahyan meet in Abu Dhabi on May 23, 2024. — PIDReserves cover only three months imports.Central bank may resort to dollar swaps.IMF tranche delay compounds financial uncertainty.
Pakistan’s…