Brent climbs to $109.64 per barrel as tanker attacks, Saudi oil infrastructure threats raise supply concerns ISLAMABAD: Global oil prices rose nearly 0.8% in early Wednesday trading as mounting concerns…
Monitoring Desk International oil prices climbed on Tuesday, with Brent crude reaching a five-month high of $111.75 per barrel, as geopolitical tensions and concerns over potential supply disruptions increased pressure…
Monitoring Desk Global oil prices edged higher after Yemen’s Houthi group claimed fresh attacks on energy infrastructure, airports and military targets in Saudi Arabia, raising concerns over potential disruptions to…
Oil prices rose nearly 1% on Wednesday as markets weighed potential supply disruptions from a storm approaching US oil-producing areas and attacks in Saudi Arabia against increased Middle Eastern crude…
RIYADH: The Coalition to Restore Legitimacy in Yemen said the Terrorist Houthi Militia carried out a terrorist attack targeting the Taibah electricity distribution station in Madinah early Tuesday, September 29,…
ISLAMABAD: Global oil prices came under pressure as signs of progress in US-Iran talks and expectations of improved crude supplies eased concerns over a prolonged supply disruption, with Brent falling…
ISLAMABAD: Saudi Arabia has resumed crude oil shipments to Pakistan through the Red Sea after restarting its East-West Pipeline, easing concerns over Pakistan’s crude supply as disruptions to shipping through…
Monitoring Desk Global crude oil prices fell sharply, with US West Texas Intermediate (WTI) dropping more than 4.5% to $95.78 a barrel and Brent declining 3.4% to $100.34, as markets…
ISLAMABAD: Pakistan’s trade deficit with Saudi Arabia declined by 18.37 percent to $471 million during the first two months of the current fiscal year, mainly due to a significant fall…
ISLAMABAD: The Organization of Islamic Cooperation (OIC) has condemned attacks by the Houthi group targeting Makkah and the Madinah region, reaffirming solidarity with Saudi Arabia and support for measures to…