A Mexican Navy boat patrols near the Mexico state oil firm Pemex’s Ciudad Madero refinery, in Ciudad Madero, Mexico, May 28, 2025. — ReutersPrice jumps erase much of Wednesday’s declines.WTI, main US contract, increases by 1.7% to $90.17.Stock markets across Asia were mostly down.
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A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. — ReutersMeasures aimed at easing supply tightness fail to calm markets.Disruption of trade through Strait of Hormuz is ‘fundamental’.Brent more susceptible to energy security issues than WTI.<p…
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Cabinet approves 15% increase in EOBI pensions

Prime Minister Shehbaz Sharif chairs a meeting of the federal cabinet in Islamabad. — APPPM Shehbaz Sharif chairs federal cabinet meeting.Pension increase will be effective from January 1.5-year import extension granted for life-saving drugs.
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