A pump jack is seen at sunrise near Bakersfield, California.— Reuters/FileGlobal supply to drop by 8m bpd in March due to Hormuz blockade.IEA says recovery of production could take weeks or months.IEA head says oil reserve release has ‘strong impact’ on markets.The…
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IMF, Pakistan make progress toward staff-level deal
The International Monetary Fund logo is seen outside the headquarters building in Washington, U.S., September 4, 2018.— Reuters
Pakistan and the International Monetary Fund made significant progress toward a staff-level agreement on certain reviews, the fund said in a statement on…
US Fed holds rates steady in split decision, cites Iran tensions fuelling energy inflation
US Federal Reserve Chair Jerome Powell speaks at his final press conference at the Federal Reserve, April 29, 2026. — Reuters
Fed leaves benchmark interest rate in 3.50%-3.75% range.Iran war clouds economic, monetary policy outlook.Senate panel proposes Powell’s…
Why is bitcoin plunging?
A large Bitcoin symbol displayed at a trade show and a screen with “2026” written on it along with the message “We’ll be back next year” in this undated picture. — AFP
The value of bitcoin has fallen sharply since reaching record heights last month, briefly…