An oil tanker anchors near the oil hub of the port of Fos-Lavera at sunset near Marseille, southern France, April 14, 2026. — Reuters Oil rises as US-Iran fighting resumes.Brent climbs above $101 after overnight flare-up.Fresh fighting snaps three-day oil price slide.Oil…
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UAE central bank revokes Omda Exchange license, imposes AED10m fine
A man enters the main branch of UAE Central Bank in Abu Dhabi, UAE. — Reuters/File
ABU DHABI: The Central Bank of the UAE has revoked the license of Omda Exchange and imposed a financial penalty of AED10 million due to violations of financial laws and…
Iran attack ‘wipes out 17% of Qatar’s LNG capacity’ for up to five years
QatarEnergy’s liquefied natural gas production facilities, amid the US-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026. — ReutersTwo LNG trains and one GTL facility damaged in Iranian attacks.Repairs will sideline 12.8 million tonnes of LNG yearly:…
PSX climbs on geopolitical optimism, earnings speculation
A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi. — AFP/File
The stock market rose on Friday as risk appetite improved following reports that Pakistan and Afghanistan agreed to uphold a ceasefire, while…