The UK will host a meeting with dozens of countries on reopening the Strait after Trump told countries on Tuesday to "get ...

Iran has also demonstrated an acute awareness of U.S. sensitivity to oil prices. The Trump administration’s own actions, which even include easing sanctions on Iranian oil to placate global markets, ...

Gold and silver prices increased in both international and domestic markets after a four-day gap on Tuesday. In the international bullion market, the price of gold rose by $10 per ounce to reach ...

As the U.S.-Israeli war with Iran continues, the Strait of Hormuz remains closed, cutting off a quarter of oil and natural gas supplies from the rest of the world. Qatar has shut down its liquified ...

Pakistan imports more than 85% of its crude oil from Saudi Arabia and the United Arab Emirates by way of a single maritime route snaking through the Strait of Hormuz. The escalating conflict in the ...

Pakistan could see its monthly oil import bill jump to $600 million as tensions in West Asia escalate, country's finance minister Muhammad Aurangzeb has warned. These comments come at a time when ...

Long queues were seen at petrol pumps across several cities as motorists rushed to fill their tanks before the new rates took effect. Pakistan is beginning to feel the economic fallout of the ongoing ...

If the war between Iran and the United States escalates, "the single biggest economic threat to Pakistan will come from oil," with surging prices likely to lift inflation and making tax cuts harder, a ...

Brent jumped nearly 10% after Iran launched retaliatory strikes following the killing of its Supreme Leader, with JPMorgan warning prices could hit $120 if Strait of Hormuz disruptions persist amid a ...

ISLAMABAD: Amid disruption to LNG imports from Qatar, the government on Monday decided to keep translating the impact of rising global oil prices to consumers under the existing fortnightly ...