The federal government has ruled out the possibility of fuel rationing, warning that such measures could trigger panic and disrupt… Read More
Current Oil Crisis Could Push Petrol to Rs. 500 per Litre in Pakistan
Members of the Senate Standing Committee on Finance were warned that petrol prices in Pakistan could rise dramatically if the… Read More
Govt Defends Rs. 55 per Litre Increase in Petrol Price, Says it Prevented Shortage
The government has defended the recent increase of Rs. 55 per litre in petroleum prices, telling the Senate Standing Committee… Read More
Qatar Halts LNG Supplies to Pakistan As Rates Spike to $100 Million per Shipment
Pakistan’s liquefied natural gas (LNG) imports from Qatar have been suspended after Doha declared force majeure due to the ongoing… Read More
Oil Prices Surge Above $100 Again as Iran Attacks Gulf Shipping
Oil prices jumped sharply on Thursday, with Brent crude surpassing $100 a barrel, as attacks on ships and the closure… Read More
First Six Days of Iran War Cost US Over $11 Billion
The officials from President Donald Trump’s administration told lawmakers this week that the first six days of the U.S.-led military… Read More
FTO Directs FBR to Adjust Pending Refunds Before Super Tax Recovery
In line with the directive of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) will issue instructions… Read More
Pakistan and IMF Fail to Reach Staff-Level Agreement
Pakistan and the International Monetary Fund have not reached a staff-level agreement within the scheduled timeframe on the latest review… Read More
Several Countries Agree to Biggest-Ever Oil Release in History After Iran Warning
The International Energy Agency (IEA) and its member countries (32) have agreed to release a record 400 million barrels of… Read More
Jazz Announces $1 Billion Investment to Support 5G Rollout and Strengthen Network Infrastructure
Jazz has announced plans to invest $1 billion over the next three years to strengthen its network and digital infrastructure,… Read More
FBR Exempts Itself from Extra Weekly Holiday and Work-From-Home Policy
The Federal Board of Revenue (FBR) has announced that the government’s work-from-home policy allowing up to 50 percent of staff… Read More
Oil Could Skyrocket to $200 per Barrel Soon, Warns Iran
Iran on Wednesday warned that global oil prices could surge to $200 per barrel as it shifts in its military… Read More
