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Oil falls, stocks climb as investors hope for progress in US-Iran talks

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The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US, November 22, 2019. — ReutersIran-US talks show progress but key disputes persist.US crude drops below 100 dollars per barrel.Treasury yields decline on peace deal hopes.Oil…

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IMF expresses satisfaction with Pakistan’s progress Govt increases petrol, diesel prices by Rs55 per litre amid Middle East tensions Iran war deals double blow to Indian airlines already hit by Pakistan airspace ban Wildlife to replace humans on next series of UK banknotes

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Fuel dealers threaten nation-wide strike over commissions

People on their vehicles wait for their turn to get fuel at a petrol station, as fuel prices in Pakistan rise, amid the US-Israeli conflict with Iran, in Karachi, Pakistan, April 2, 2026. — ReutersDealers argue that current fixed profit of Rs8 per litre no longer viable.They say fuel…
Budget airlines first to cut flights as jet fuel prices soar

An aircraft of low-cost Irish airline Ryanair is prepared pre-flight at the Berlin-Brandenburg airport in Schoenefeld near Berlin, on April 4, 2024. — AFP

PARIS: Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a…