The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London. — ReutersPakistani banks see stronger growth opportunities ahead: Fitch.Global rating agency cites improving overall business conditions.Says Pakistan’s recovery follows tough period of…
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Pakistan faces oil shock risks amid Mideast conflict, warns minister
Shipping containers are seen at the Karachi port in Karachi, June 10, 2025. — ReutersMinister says economy demonstrated remarkable stabilisation.Pakistan vulnerable to global energy markets disruptions: Iqbal.Iqbal terms ongoing Middle East conflict major external shock.
UAE raises petrol prices by nearly 8% for May, keeps diesel unchanged amid global oil surge
UAE flag flies over a boat at Dubai Marina, Dubai, United Arab Emirates. — Reuters
DUBAI: The United Arab Emirates has raised petrol prices by nearly 8% for May, while keeping diesel rates unchanged, according to an announcement by the UAE Fuel Price Committee.
India’s Russian oil gains wiped out by Trump’s tariffs
US President Donald Trump, Indian PM Narendra Modi, Russian President Vladimir Putin. — Reuters/File
NEW DELHI: India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the US that came…