Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, in the United Arab Emirates, March 11, 2026. — ReutersThe US-Israeli war on Iran has already cost companies around the world at…
Related Posts
Govt resorts to loadshedding, cautions hiking power tariffs amid Middle East crisis
A man sits outside his shop during a country-wide power breakdown in Karachi, on January 23, 2023. — ReutersGovt says imperative to suspend power.Power Division warns of Rs1.5 rate rise.Strait closure leads to energy crisis.
ISLAMABAD: The federal government has announced…
Oil prices jump on renewed US-Iran hostilities
An oil tanker anchors near the oil hub of the port of Fos-Lavera at sunset near Marseille, southern France, April 14, 2026. — Reuters Oil rises as US-Iran fighting resumes.Brent climbs above $101 after overnight flare-up.Fresh fighting snaps three-day oil price slide.
Oil…
PSX rebounds as oil eases on US-Iran diplomacy hopes
A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi on February 14, 2023. — AFP
KSE-100 Index closed at 162,896.68, up 1,091.66 points, or 0.67%.Index hit intraday high of 164,309.64, up 2,504.62 points, or 1.55%.Index…