World Bank Warns Middle East Conflict Triggers 40% Oil Price Surge and Global Supply Chain Crisis
The World Bank Group is preparing a coordinated financial support package for emerging markets as the Middle East conflict drives up energy, fertilizer, and logistics costs globally.
OGDCL Announces Major Gas Discovery at Sahito 1 Well in Sindh
Oil and Gas Development Company Limited discovers 17.2 MMSCFD of gas at the Sahito 1 exploratory well in Khairpur, marking a win for Pakistans energy sector.
Barrick Gold Postpones Reko Diq Copper and Gold Project Amid Security Volatility
Barrick Gold is slowing development of its massive Reko Diq project in Pakistan citing rising regional tensions and security concerns in Balochistan province.
Pakistan Aviation Sector Faces 72 Million Dollar Loss Following Middle East Airspace Disruptions
The ongoing conflict in the Middle East has caused a massive 72 million dollar revenue hit to Pakistan aviation sector as hundreds of flights face cancellation and rerouting.
Karachi Port Records Historic Surge in Transshipment Cargo Amid Middle East Tensions
Karachi Port Trust reports a massive spike in transshipment activity as Middle East regional instability drives shipping lines toward Pakistani maritime hubs.
OGRA Receives 27 Billion Rupees to Settle Oil Price Differential Claims
The Oil and Gas Regulatory Authority (OGRA) receives an initial 27 billion rupee tranche from the PM’s Austerity Fund to settle price differential claims for OMCs.
Fitch Ratings: Chinese Battery Giants to Lead Global Energy Transition Despite Geopolitical Risks
Fitch Ratings highlights how Chinese battery manufacturers maintain dominance in BESS and LFP sectors as the Iran conflict intensifies global energy security concerns.
Prime Minister Directs Expedited Food Exports to Gulf Amid Regional Supply Shifts
Prime Minister Shehbaz Sharif orders authorities to accelerate surplus food exports to Gulf nations while prioritizing domestic food security and logistics.
Pakistan Proposes New Optional Industrial Electricity Tariff to Boost Efficiency
Federal Minister Sardar Awais Leghari introduces a flexible multi-slab electricity tariff for industries to reduce costs and optimize peak demand management.
PSBA Proposes Zero Capital Gains Tax on Long Term Holdings in Budget 2026-27
The Pakistan Stock Brokers Association has submitted budget proposals for 2026-27, calling for CGT exemptions on 3-year holdings and corporate tax cuts.