OPEC+ cuts oil output by 188,000 bpd from June 2026
JEDDAH, May 4: OPEC+ countries have agreed to adjust oil output by…
Iran warns of “painful” response if US resumes attacks amid rising tensions
TEHRAN/WASHINGTON: Iran has warned it will launch a “long and painful” response…
Trump rejects Iran peace proposal as oil flows choke and war tensions rise
WASHINGTON — Donald Trump has rejected Iran’s latest proposal to end the…
India faces fuel pressure after Strait of Hormuz disruption amid Middle East tensions
New Delhi, March 25: India is facing fuel supply pressure after disruptions…
BYD shares climb as rising fuel prices lift EV outlook despite broader market fall
Beijing: BYD shares rose on Monday even as Chinese stock markets declined,…
US grants temporary waiver for Iranian oil sales to ease global prices
WASHINGTON — The United States has issued a 30-day waiver allowing the…
PM Shehbaz Sharif keeps petroleum prices unchanged in Pakistan despite global oil rise
ISLAMABAD: Prime Minister Shehbaz Sharif has decided not to increase petroleum prices…
Pakistan Implements Four-Day Workweek, Shuts Schools Amid Middle East Oil Crisis
Islamabad, March 10, 2026: In response to soaring global oil prices driven…
Pakistan has sufficient fuel stocks despite global tensions, finance minister tells Senate panel
ISLAMABAD: Finance Minister Muhammad Aurangzeb told a Senate committee on Wednesday that…
Iran conflict disrupts oil supply, raising energy concerns for Pakistan
TOKYO/ISLAMABAD: The escalating Iran conflict is disrupting oil supply routes through the…