PSX Benchmark Index Sheds 6600 Points as US Iran Peace Talks Collapse
The KSE-100 index plunged nearly 4 percent following the failure of Islamabad peace talks and a US ordered blockade of Iranian ports sparking market wide panic.
PIDE Warns Pakistan Economy Faces Severe Risk from Strait of Hormuz Disruptions
A study by the Pakistan Institute of Development Economics reveals that a disruption in the Strait of Hormuz could drive Pakistan’s inflation above 12% and destabilize external accounts.
Global Energy Shock as Gulf Nations Declare Force Majeure Amid Middle East Conflict
atar, Kuwait, and Bahrain invoke force majeure on gas exports as the Strait of Hormuz closure disrupts 20 percent of global LNG supply and sends prices soaring.