An employee fills the tank of a motorbike at a fuel station in Islamabad on June 16, 2025. — AFPPetrol price rises above Rs414 per litre after review.Diesel, petrol record third consecutive weekly increase.Global oil prices surge amid escalating US-Iran tensions.The…
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Oil prices climb 5% after Trump says he does not want to extend Iran ceasefire
A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. — Reuters
Oil prices climbed about 5% on Tuesday after US President Donald Trump said he did not want to extend a soon-to-expire ceasefire in the Iran war and that the US military was…
No war-related surcharges being imposed, shipping agents assure Pakistan
Shipping containers are seen at the Karachi port in Karachi, June 10, 2025. — Reuters Minister assures no additional surcharges to be imposed.Maersk increases its Emergency Contingency Surcharge.Key industry bodies set to release advisories.
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PSX climbs to record high on earnings, circular debt optimism
Pakistani traders stand beneath an electronic board displaying share prices at the Pakistani Stock Exchange . — INP/FileKSE-100 Index closed at 146,929.84 points, gaining 1,547.05 points, or 1.06%.Index touched intraday high of 147,005.17 points, up 1,622.38 points, or 1.12%.Session’s…