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A view of shipping activity at port Qasim, Karachi. — APPTwo more ships with petrol cargo expected on March 12, 13.PM Shehbaz announces austerity steps to tackle energy crisis.Govt raised petrol, diesel prices by Rs55 per litre last week.

Amid the recent energy crisis and…

International Monetary Fund logo is seen outside the headquarters building in Washington, US, September 4, 2018. — ReutersGovt decides to request IMF for abolishing Super Tax.Lender questions how next fiscal year target will be materialised.IMF to hold talks with govt to…

A labourer bends over as he carries packs of textile fabric on his back to deliver to a nearby shop in a market in Karachi. — Reuters/FIleGovt to explore ways to absorb part of any further increase in oil bill.Also seeking flexibility on petroleum-related taxation from…

Stockbrokers interact during a trading session at Pakistan Stock Exchange in Karachi on May 12, 2025. — AFPKSE-100 Index closed at 156,177.12, up 9,696.98 points, or 6.62%.Index hit intraday high of 158,354.12, up 11,873.98 points, or 8.12%.The index recorded a low of 155,294.65, up…

An oil tanker sits anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 7, 2026. — Reuters

Oil prices fall after surging as high as $119/barrel on Monday.Trump predicts war in Middle East could be…