A pump jack operates outside of Midland, Texas, US June 11, 2025. — ReutersUS to start operation to aid stranded ships, says Trump.Iran reviewing US response to 14-point proposal.OPEC+ agrees third oil output quota hike since Hormuz closure.SINGAPORE: Oil prices eased on Monday…
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Pakistan secures $1.81bn in foreign loans in Q1FY26
A person counts dollar notes in this illustrative image taken on May 30, 2022. — Reuters
Pakistan received $1.81 billion in foreign loans during the first quarter of the current fiscal year, according to data released by the Economic Affairs Division .
The report showed that…
Glimmering sea of solar as China expands desert installation
An ocean of blue solar panels ripples across the ochre dunes of Inner Mongolia’s Kubuqi desert, a glittering example of China’s almost inconceivably mammoth energy transition.
Even as other countries have put the brakes on desert solar projects for economic or technical reasons, China…
Crude stabilises after US-Iran flare-up rocked peace hopes
A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — Reuters
Trump orders fresh strikes against Iran.Washington revokes temporary Iran sanctions waiver.Markets monitor Strait of Hormuz tensions.
Oil prices dipped Thursday…