The Zubair Oil Field in Basra, Iraq, April 6, 2026. — Reuters Attacks cut Saudi Arabia’s output by 600,000 bpd: state news agency.Hormuz shipping at near standstill as Iran warns ships to keep to its waters.Brent, WTI loss 11% this week on…
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PIA privatisation possible by November this year, Senate standing committee told
A Pakistan International Airlines’ aeroplane can be seen in this undated image. —APP/File
Four firms join race and two fail to meet standards. Senate panel reviews progress on PIA, DISCOs, GENCOs, PMDC.Senators raise concern over PIA debt and energy supply.
Pakistan-US trade deal explained
A cargo ship full of shipping containers is seen at the port of Oakland in Oakland, California, US on March 6, 2025. — Reuters
Pakistan reached a much-awaited trade agreement with the United States on Thursday ahead of the US President Donald Trump’s August 1 deadline set…
CCoP endorses Rs135bn PIA bid, clears way for cabinet approval
A PIA plane pictured mid-flight. — AFP/FileCCoP endorses Rs135bn bid for 75% stake in PIA.Federal cabinet to review Rs135bn PIA privatisation deal.New PIA owner plans fleet expansion, aircraft overhaul.
The Cabinet Committee on Privatisation has approved a Rs135 billion…