An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. — ReutersThree weeks into the Strait of Hormuz crisis, the global conversation remains fixed on oil. Brent crude above $100. Strategic…
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SBP chief expects broader recovery than IMF forecast
Governor State Bank of Pakistan Jameel Ahmad adrressing a press conference at State Bank of Pakistan in Karachi on July 29, 2025. — APPRecovery is broad-based despite export weakness: SBP chief.Policy rate held at 10.5% after 1,150 bps of cuts since 2024.Structural reforms…
Fuel dealers threaten nation-wide strike over commissions
People on their vehicles wait for their turn to get fuel at a petrol station, as fuel prices in Pakistan rise, amid the US-Israeli conflict with Iran, in Karachi, Pakistan, April 2, 2026. — ReutersDealers argue that current fixed profit of Rs8 per litre no longer viable.They say fuel…
Govt keeps petrol, diesel levy unchanged; subsidy of Rs23bn approved
People wait their turn to get fuel at a petrol station in Karachi. — Reuters/FilePetrol levy remains Rs 105.37 per litre, diesel Rs 55.24 per litre.Govt to pay subsidy for petrol and diesel from Mar 14–20.Petroleum levy adjustments form part of IMF commitments.
ISLAMABAD: The…