A view shows Saudi Aramco’s Manifa oilfield, Saudi Arabia, June 14, 2015.— Reuters/FileThe Middle East war triggered the world’s largest energy shock with market recovery likely to extend into 2027 even if the Hormuz blockade is lifted soon, Saudi oil giant Aramco’s CEO…
Related Posts
PM forms 18-member committee to oversee oil prices amid regional conflict
An overview shows tankers parked outside a local oil refinery in Pakistan’s port city of Karachi. — AFP/FileFinMin Aurangzeb to lead 19-member committee.Strategy to prevent fuel shortages nationwide, Committee to assess prolonged war impact on economy.
ISLAMABAD: Prime…
PSX rises after oil eases, Middle East deal optimism returns
A stockbroker walks past a digital board showing share prices at the Pakistan Stock Exchange in Karachi on March 10, 2026. — AFP KSE-100 Index closed at 163,948.94, up 954.77 points, or 0.59%.Index hit intraday high of 167,245.54, up 4,251.37 points, or 2.61%.Index recorded a…
Govt cuts petrol price by Rs6, diesel Rs6.80 per litre
A representational image of a fuel station staffer updating the fuel prices in Karachi. — AFP/ FileNew fuel prices to take effect from May 23.Petrol price now stands at Rs403.78 per litre.High-speed diesel price falls to Rs402.78 per litre.
The federal government has…