Oil pumpjacks and tanks are pictured in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. — ReutersUS reinstates sanctions on Iranian oil sales.Qatar blames Iran for attack on LNG tanker.Saudi-flagged oil tanker aslo believed to be hit.Oil prices…
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Pakistan’s inflation rises to 6.2% in October, highest in 12 months
A shopkeeper at a store in this undated picture. — Reuters/FileCPI rises 6.2% in October, up from 5.6% a month earlier.Tomato prices skyrocket 127%, sugar up 34.8%, wheat 22.6%.Inflation held steady for restaurants and hotels at 6.1%.
Inflation surged to its highest level in a year…
SBP gets $2bn Saudi inflow, strengthens foreign reserves
A representational image of a money exchanger counting dollar bills and a stack of rupee notes is seen in the background. — APP/FileSBP receives funds from KSA’s Ministry of Finance.Development comes during PM Shehbaz’s ongoing KSA visit.Pakistan faces $3.5bn repayment to UAE this…
ADB says Pakistan’s economy grew at 3.7% in FY26
A general view of Gwadar port in Gwadar, Pakistan October 4, 2017. — ReutersAgriculture posts modest growth during FY26.Food, fuel prices drive inflation higher.Middle East conflict clouds economic outlook.
ISLAMABAD: The Asian Development Bank said Thursday that Pakistan’s economy…