ISLAMABAD: The government has decided in principle to begin revising petroleum prices on a weekly basis from 8 March and to activate sweeping fuel conservation measures, including widespread work-from-home arrangements and distance learning, as the war in the Middle East raises the prospect of serious oil supply disruptions.
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SBP poised to stand pat on rates at 10.5 percent as Middle East tensions, oil shock cloud outlook
KARACHI: The State Bank of Pakistan is poised to keep its key policy rate unchanged at 10.5% when it concludes its second monetary-policy review of 2026 on Monday, a Reuters poll of analysts showed, with rising global energy costs and fresh risks from the Middle East constraining any further cuts.
Pakistan debunks viral fake notice on port suspensions as Iran conflict shuts Hormuz oil route
ISLAMABAD: Pakistan on Thursday dismissed as fabricated a notice circulating on social media that claimed authorities had ordered the temporary suspension of all port entries nationwide until March 10, a move that would have compounded supply-chain risks already heightened by the shutdown of the Strait of Hormuz.
Pakistan condemns Canada-India uranium deal as fresh blow to global non-proliferation regime
ISLAMABAD: Pakistan has expressed grave concern over a long-term uranium supply agreement concluded between Canada and India, describing the arrangement as yet another selective carve-out that weakens the international nuclear non-proliferation framework and threatens the strategic balance in South Asia.
Pakistan moves to police petrol stations to deter hoarding as Middle East war threatens supply
ISLAMABAD: Authorities have instructed provincial governments to conduct physical inspections of retail petrol stations nationwide to stamp out hoarding of petroleum products and prevent profiteering, as fears grow over potential supply disruptions from the escalating conflict in the Middle East.
Pakistan signals no let-up in Afghan strikes until Taliban act on militants
PESHAWAR: Pakistan has delivered its most explicit warning yet to the Taliban regime in Kabul, saying the Afghan authorities are fully aware of Islamabad’s core security demands and must now demonstrate “verifiable steps” if they wish to halt cross-border strikes or reopen any form of dialogue.
PTI leaders again turned away from Imran Khan prison visit despite supreme court order
ISLAMABAD: The opposition party PTI was on Thursday again blocked from meeting its founder and former prime minister Imran Khan in prison, despite a list of visitors having been cleared by the supreme court the previous day.
Pakistan wins IAEA safeguards nod for 1,200 MW Chashma reactor as nuclear share hits 18 percent
ISLAMABAD: The International Atomic Energy Agency’s board of governors has given unanimous approval to a safeguards agreement covering the fifth unit at Pakistan’s Chashma nuclear power plant, the country’s foreign ministry announced on Wednesday.
US pulls diplomats from Karachi and Lahore missions after protests turn violent over Iran strikes
ISLAMABAD: The United States has ordered all non-emergency government personnel and their dependents to leave its consulates in Pakistan’s two largest cities, citing an acute deterioration in security linked to the conflict with Iran and a wave of deadly anti-American demonstrations across the country.
No immediate shortage, but Pakistan prepares weekly fuel prices and industry cuts amid Persian Gulf crisis
ISLAMABAD: The finance minister warned on Wednesday of mounting risks to the country’s oil supplies from the conflict involving the US, Israel and Iran, even as he insisted there was no emergency and ruled out immediate rationing.