Drivers push their autorickshaws as they wait in a queue to refuel outside a fuel station, after the government declared a weekly Wednesday holiday for public officials to conserve fuel amid concerns over fuel supplies during the US-Israel conflict with Iran, in Colombo, Sri Lanka, March…
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Pakistan sees staff deal on $1.2bn IMF payout this week
The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC. — AFP/File“We’re hoping that we can get SLA done ,” says FinMin.”Euro, dollar, Sukuk, — we’re keeping our options open,” he says.Final PIA bids expected later…
Crude oil holds above $87 as US-Iran deal hopes, Hormuz reopening prospects fizzle
A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. — Reuters
Crude oil prices rose more than 5% on Monday.Trump says US Navy controls the Strait of Hormuz.Oil, products exports through Hormuz fell to 3m bpd last week.
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Opec+ to make first post-UAE production decision
The logo of the Organisation of the Petroleum Exporting Countries is pictured on the wall of the new OPEC headquarters in Vienna, March 16, 2010. — ReutersOPEC+ meets after UAE quits cartel.Seven producers to decide fresh output quotas.Markets expect 188,000 bpd quota…