Pakistan Power Sector Prepares for Summer Load-Shedding and Tariff Hikes Amid Global Energy Crisis
Pakistan faces a challenging summer as the Power Division develops a hybrid strategy of load-shedding, mandatory conservation, and fuel price adjustments due to the Middle East conflict.
Pakistan Economic Outlook Faces Major Strain as Global Energy Crisis Triggers Billions in Import Costs
Pakistan’s import bill is projected to surge by up to $9 billion as Middle East tensions push global crude prices to $145 per barrel, forcing the government to evaluate digital subsidies.
Fitch Ratings Warns of Sovereign Credit Pressure Across APAC Amid Persistent Iran Conflict
Fitch Ratings highlights growing economic vulnerabilities for Asia-Pacific nations as the Iran conflict threatens energy supplies and fiscal stability.
Prime Minister Shehbaz Sharif Rejects Massive Fuel Price Hike to Provide Eid Relief
Prime Minister Shehbaz Sharif declines a proposed increase in petroleum prices, absorbing a 45 billion rupee cost to shield consumers from inflation before Eid.
Global Oil Crisis 2026: Crude Prices Predicted to Hit $180 Amid Strait of Hormuz Closure
Analysts warn oil prices could exceed $180 per barrel if Middle Eastern supply disruptions continue, as strikes on the South Pars gas field escalate regional conflict.
Gulf Oil Nations Suffer Billions in Revenue Loss as Strait of Hormuz Blockade Traps Global Energy Supplies
Gulf energy producers face a staggering 15.1 billion dollar revenue deficit as the Strait of Hormuz shutdown strands millions of barrels of crude and LNG shipments.
Agritech Limited Restores Urea Production as SNGPL Reinstates Gas Supply to Fertilizer Plant
Agritech Limited resumes operations at its urea manufacturing plant following the restoration of RLNG supply by SNGPL after a temporary Middle East conflict disruption.
Pakistan Economic Recovery Faces Inflationary Threat Amid Global Oil Price Volatility
Experts warn that a potential surge in global oil prices to 130 dollars could push Pakistan petrol prices to 392 rupees per liter and ignite fresh inflation.
Prime Minister Shehbaz Sharif Announces Remote Work and Four Day Workweek for Government Offices
Prime Minister Shehbaz Sharif introduces a four day workweek and 50 percent remote work for government staff to conserve fuel amid the Middle East economic crisis.
Global Oil Prices Skyrocket as Middle East Conflict Disrupts Energy Supply Chains
Energy markets face a massive 20 percent surge in oil prices as the US-Israel conflict with Iran threatens the Strait of Hormuz and sparks global stagflation fears.