Tag: Strait of Hormuz

BRUSSELS, (Belgium): International Energy Agency (IEA) chief Fatih Birol sought Friday to tamp down fears of a global oil crisis ...

US crude oil futures climbed ​more than 10% on Friday, pulling closer to Brent as buyers sought available barrels, with ...

WASHINGTON: President Donald Trump said on Thursday he was not concerned about rising U.S. gas prices driven by the widening ...

KARACHI: The State Bank of Pakistan (SBP) ​is expected to hold its key policy rate steady at a policy ‌review ...

Pakistan’s largest gas distributor was set to cut supplies to some of its industrial customers, suggesting growing strain in one ...

KARACHI: Pakistan has asked Saudi Arabia to route oil supplies through the Red Sea port of Yanbu after the closure ...

Selling pressure returned to the Pakistan Stock Exchange (PSX) as conflict in the region continued to escalate, pushing the benchmark ...

Selling pressure returned to the Pakistan Stock Exchange (PSX) as conflict in the region continued to escalate, pushing the benchmark ...

KARACHI: Federal Minister for Petroleum Ali Pervez Malik said on Tuesday that the government is fully aware of the current ...

JAKARTA: Indonesia will import more crude oil from the United States to replace supplies from the war-torn Middle East, the ...