Browsing: Business

A significant fire at a crucial Australian refinery has halted fuel production, intensifying worries about potential fuel shortages amid global supply tensions.

Pakistan begins commercial production from its largest oil and gas well, Baragzai X-01, aiming to save $329 million annually by reducing energy imports.

PIA plans to relocate Finance and Supply Chain units to Islamabad by May 2, moving key officers and offering relocation allowances amid fleet expansion.

Saudi Arabia transferred $2 billion to Pakistan’s State Bank on April 15, 2026, enhancing foreign reserves amid ongoing financial aid and a new $3 billion pl…

Jet fuel supplies risk depletion in Asia and Europe due to Strait of Hormuz closure, with potential flight cuts starting May or June, warns energy experts.

Pakistani investors show growing demand for Iranian Rial as its value quadruples amid US-Iran tensions, but experts warn of risks and currency volatility.

US crude exports surged close to record highs as Iran war disrupts Middle East oil, pushing US near net exporter status for first time since 1943.

Pakistan aims to expand its $7 billion IMF Extended Fund Facility by $2–2.5 billion to address economic challenges from the Middle East war, following a $3…

Since January, the US has blocked foreign oil shipments to Cuba, raising concerns about the future of the island’s iconic cigar production amid fuel shortages.

A jury ruled that Live Nation, owner of Ticketmaster, operates as a monopoly, causing higher ticket prices and poorer customer service.