A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. — ReutersMarket focus shifts from conflict to supply.Traders monitor China demand recovery.Strait recovery slower than expected.Oil prices edged higher…
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Oil refining sector faces strain from rising global costs and policy risks

The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, US, May 5, 2019. — ReutersISLAMABAD: The oil refining sector is facing growing strain due to escalating global costs and uncertainty in policy, raising concerns among industry stakeholders…
World Bank slashes Pakistan’s growth forecast to 2.6% after deadly floods

A person enters the building of the World Bank Group, in Washington, United States. — AFP/FileGDP growth earlier expected to be 3.4% in FY26, 3.6% in FY27: WB.Adds fiscal deficit could rise to 5.5% with flood-related spending.Current account deficit could reach 0.1% of GDP in…
Govt raises $16.2 billion in external financing, misses FY26 target
A trader counts US dollar banknotes at a currency exchange booth in Peshawar, Pakistan January 25, 2023. — ReutersIMF provided $420m under climate finance facility. Saudi Arabia placed a $3bn time deposit with Pakistan. Foreign economic assistance inflow stood at…




