A view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. — ReutersBrent crude up over 1% after dropping over 7%.Trump says talks with Iran underway, Tehran denies claim.Little change in shipping through Bab el-Mandeb strait: data.
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S&P lifts Pakistan’s credit rating to ‘B’ on institutional stability, IMF reform progress
The S&P Global logo is displayed on its offices in the financial district in New York City, US, December 13, 2018. — Reuters
Credit ratings agency S&P Global raised Pakistan’s long-term sovereign credit rating to “B” from “B-” on Wednesday, citing stronger…
Four petrol-laden ships arrive at Port Qasim amid fuel crisis
A view of shipping activity at port Qasim, Karachi. — APPTwo more ships with petrol cargo expected on March 12, 13.PM Shehbaz announces austerity steps to tackle energy crisis.Govt raised petrol, diesel prices by Rs55 per litre last week.
Amid the recent energy crisis and…
Pakistan sees drop in energy production, higher imports
The representational image shows two employees working on a gas pipeline. — AFP/FileCrude oil and gas output register notable declines.LPG, electricity imports post significant growth.Renewables stagnate despite rising overall demand.
ISLAMABAD: Pakistan’s energy…