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A model of an oil pump is seen in front of the OPEC logo in this illustration taken

Hormuz disruption risk keeps oil markets on edge despite easing US-Iran clashes

Market experts say global crude prices eased on tentative signs that the latest flare-up has started losing momentum Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the US and Iran that risk disrupting supplies from the Middle East. Brent crude futures fell 43 cents, or 0.45%, to […]

Information Minister Attaullah Tarar (Right) and Petroleum Minister Ali Pervaiz Malik address press conference

Diesel Price Likely to Drop by Over Rs30 Per Litre in Pakistan

ISLAMABAD: The government is set to provide major relief to consumers as diesel prices are expected to fall by more than Rs30 per litre, Federal Petroleum Minister Ali Pervaiz Malik said on Wednesday. Speaking at a press conference alongside Information Minister Attaullah Tarar, Malik said local oil refineries had agreed to reduce the price of […]

Supreme Court Orders Imran Khan Transfer to Shifa International Hospital

ISLAMABAD: The Supreme Court on Tuesday ordered that Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister Imran Khan be shifted from Adiala Jail to Shifa International Hospital for medical treatment for the next few days. A three-member bench, headed by Justice Shahid Waheed and comprising Justice Naeem Akhtar Afghan and another member, issued the directions […]

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem the industry’s standard dummy text ever since the when an unknown printer took a galley of type and scrambled it to make a type spe has been the industry’s standard dummy text