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Business
Pakistan, China Sign Over $7 Billion Investment Deals
News Desk Hangzhou: Pakistan and China signed agreements and memorandums of understanding (MoUs) worth more than $7 billion during Prime Minister Shehbaz Sharif’s official visit to China, aimed at enhancing bilateral investment and…
Govt Raises Petrol, Diesel Prices Again
News DeskIslamabad: The government has increased the prices of petrol and high-speed diesel by nearly Rs15 per litre, according to a notification issued by the Petroleum Division.Under the revised rates, the price of petrol has been…
How Global Tensions Are Driving Pakistan Into an Energy Storm
News DeskIslamabad: As tensions ripple across the Middle East, a single vessel cutting through the narrow waters of the Strait of Hormuz has become more than just a routine shipment, it is a symbol of Pakistan’s fragile energy security.…
Gorsal Border Closure: What It Means for Pak-Afghan Trade
Murad KhanBajaur: Mohmand District has two important trade routes with the neighboring Muslim country Afghanistan, namely Gorsal and Nawa Pass border points. However, the major trade route was Gorsal, which has been closed since…
How Two Narrow Straits Could Squeeze Global Trade
News Desk Islamabad: As tensions escalate in the Gulf, attention is shifting from battlefields to bottlenecks, two narrow maritime corridors that quietly power the global economy.The simultaneous disruption of the Strait of Hormuz…
Oil Jumps as Trump Threatens Iran Over Strait of Hormuz
News Desk/Agencies Islamabad: Global oil prices climbed further on Tuesday as Donald Trump intensified pressure on Iran, warning of severe consequences if Tehran fails to reopen the critical Strait of Hormuz.Benchmark Brent crude…
Which Countries Are Most Affected by the Middle East Oil Shock?
News Desk Islamabad: A recent report by The Economist has identified several countries that are most vulnerable to the economic fallout of a global oil crisis triggered by ongoing tensions in the Middle East.The report notes that…
Which Cargo Ships Are Passing Through the Strait of Hormuz?
News DeskIslamabad: Cargo ships and tankers have been severely affected in the Strait of Hormuz since the US and Israeli attacks on Iran on February 28. Between March 1 and March 23, only 144 crossings were recorded, representing a 95%…
Which Countries Hold the Most Oil Reserves?
News DeskIslamabad: Strategic Petroleum Reserves (SPR) are emergency stockpiles maintained by governments to cushion supply shocks during wars, natural disasters, or major market disruptions.Countries in the International Energy…
Gold Takes Historic Hit, Buyers Rush to Market
News Desk Islamabad: A sharp downturn in global bullion markets triggered a dramatic drop in gold prices across Pakistan, offering rare relief to buyers and investors alike.According to market data, the price of gold per tola…