A strong wave of interest in the Iranian rial has emerged across Pakistan, with currency traders reporting a sharp increase in purchases over the past few days. The trend follows growing optimism surrounding recent diplomatic developments involving Iran and the United States. Market participants say many buyers are entering the currency market after noticing a […]

Pakistan’s equity market gained on Monday after signs of progress in US–Iran talks helped ease tensions in the Middle East. The improved diplomatic outlook reduced worries about potential supply disruptions in global energy markets. Oil prices also slipped following the conclusion of talks held in Switzerland, as traders reacted to expectations of a more stable […]

Global energy markets have responded positively to recent diplomatic developments, with oil prices recording a noticeable decline as concerns over regional instability begin to fade. The drop in crude oil prices comes after reports of a peace agreement between the United States and Iran, a development that has improved market sentiment and reduced fears of […]

Global oil markets witnessed a decline this week as easing geopolitical tensions and optimism surrounding a possible peace agreement between the United States and Iran improved investor confidence. Oil prices moved closer to $79 per barrel after concerns over potential supply disruptions began to ease. Market participants responded positively to reports suggesting progress in diplomatic […]

International oil prices moved lower on Tuesday, dropping below the $90 per barrel mark as concerns over escalating tensions in the Middle East appeared to ease. Market reports indicated that crude oil prices declined after diplomatic efforts and public statements suggested a possible reduction in hostilities involving regional actors. Investors responded positively to signs that […]

Google has reportedly entered into a multi-billion-dollar computing agreement with SpaceX, signaling another major investment in the rapidly growing artificial intelligence and cloud infrastructure sector. The reported deal reflects the increasing competition among technology companies to secure the computing resources needed for next-generation AI systems. The agreement comes shortly after Google’s widely discussed partnership with […]

Gwadar Port could play a much bigger role in Pakistan’s future economic plans as the government moves forward with an idea to build a large Energy City focused on fuel storage, refining, and logistics. The proposed project aims to attract oil-producing countries to establish facilities for storing crude oil, LNG, and LPG near Gwadar. Officials […]

Pakistan’s energy sector circular debt has reached a new high of Rs. 5.206 trillion, according to the latest International Monetary Fund (IMF) report. This massive debt includes Rs. 3.442 trillion from the gas sector and Rs. 1.764 trillion from the power sector. The circular debt continues to grow despite several government attempts to control it […]