Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026. — ReutersBrent, WTI gain nearly 3% in early tradeLatest US-Iran escalation adds premium in oil market.Number of tankers transiting Hormuz slips to…
Related Posts
Govt proposes over Rs1.1tr federal development in Budget FY27
A representational image of calculator and planning sheet. — ReutersFederal ministries allocated Rs754.9bn under development programme.Provinces, special areas proposed Rs251.68bn allocation.NHA secures Rs264bn from corporations’ Rs355bn budget.
ISLAMABAD: The federal government has…
Crude rises, stocks fall on fears over nascent US-Iran ceasefire
A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. — Reuters Israel launches major bombardment of Lebanon.Tehran threatens to resume hostilities.Iranian official cites several US violations.
Oil…
Oil prices extend gains as Trump sharpens rhetoric on Iran
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. — ReutersHormuz Strait carries 20% of global oil flows; disruption raises fears.Trump threatens strikes on Iran’s civilian infrastructure if…