Browsing: Business

Crude oil prices jump over 8% past $100 as US-Iran peace talks collapse and Trump orders naval blockade of Iranian ports, impacting global markets.

Oil prices climbed above $100 per barrel following the collapse of US-Iran negotiations, intensifying fears of a worsening global energy crisis.

Oman’s energy ministry initiates bidding for five oil and gas blocks to attract investment and enhance hydrocarbon development.

Pakistan Railways launched an upgraded Safari Train with air-conditioned coaches and tourism-focused services, enhancing passenger comfort and promoting dome…

Pakistan’s inaugural lithium-ion battery manufacturing policy nears approval, with Karachi’s first production plant set to start within months, boosting …

EOBI’s portfolio reached Rs 691.91 billion by Feb 28, with fixed-income assets dominating. Investment income exceeded budget, supporting pension payouts.

Chery aims to expand European car production through partnerships, targeting existing factories including sites in France and Spain to meet rising demand.

Three heavily loaded oil supertankers have passed through the Strait of Hormuz amid a delicate US-Iran ceasefire, easing global energy supply concerns.

India hikes export taxes on diesel to 55.5 rupees/litre and aviation turbine fuel to 42 rupees/litre amid soaring global oil prices and supply concerns.

Pakistan inaugurates a new transit corridor with Iran under the TIR system, facilitating beef exports to Tashkent and enhancing regional trade connectivity.