PM Shehbaz Sharif chairs meeting with industrialists and business leaders June 3, 2026. — PIDPM terms business leaders, ambassadors, key stakeholders.PM stresses private sector partnership, consultation in policymaking.Business leaders express confidence in fiscal management…
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Allies hold up federal budget as govt seeks key legislation: sources
National Assembly during a session in Islamabad. — APP/FilePPP opposes proposed legislative tweaks: sources.Budget likely to be presented June 10, say sources.MQM-P had earlier linked approval to a condition.
ISLAMABAD: The federal budget has been delayed as the government…
Refining sector to benefit from higher GRMs amid widening spreads
A view of the newly-commissioned Dangote Petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. — ReutersCrude-HSD spread rises to ~$55/bbl; crude-MS gap at ~$10/bbl.Historical average crude-product spread is $25–$30 per barrel.Feb 2026 refinery throughput…
Oil prices dip as mediation efforts offset US-Iran strikes
Specialists work at a drilling rig at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 20, 2026. — ReutersYemen’s Houthis threaten naval blockade of Saudi Arabia.Received mediators’ proposal, says Iranian official.US, Iran exchange fresh…