Economy

Pakistan oil firms seek emergency import relief over shipping crisis
Business

Pakistan oil firms seek emergency import relief over shipping crisis

Tanker insurance costs surge as Gulf tensions disrupt petroleum cargo bookings

SBP ready to deal with economic shocks caused by Iran conflict, says governor
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SBP ready to deal with economic shocks caused by Iran conflict, says governor

Ahmed says deferred oil payment arrangement with Saudi Arabia remains on track

Pakistan central bank keeps interest rate unchanged at 10.5%
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Pakistan central bank keeps interest rate unchanged at 10.5%

The decision was taken amid conflict in the Middle East which has skyrocketed oil prices

Higher fuel prices slow Pakistan’s oil sales growth
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Higher fuel prices slow Pakistan’s oil sales growth

February volumes fall 15% month-on-month despite strong transport and farm demand

Oil price surge may lift Pakistan inflation to double digits
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Oil price surge may lift Pakistan inflation to double digits

Chase Securities says CPI could reach 9-11% if crude climbs near $100

Third transshipment vessel docks at Karachi Port amid regional maritime disruptions
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Third transshipment vessel docks at Karachi Port amid regional maritime disruptions

Port authorities say move reflects shipping lines’ confidence as trade flows continue despite tensions

Jet fuel shock likely to send airline costs soaring in Pakistan
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Jet fuel shock likely to send airline costs soaring in Pakistan

Jet fuel climbs from PKR 189 to PKR 342 per liter amid Gulf supply disruptions

Asian equities plunge as oil soars 30% on Mideast crisis
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Asian equities plunge as oil soars 30% on Mideast crisis

Since the beginning of the war, WTI is up more than 75% and Brent more than 60% to above $118 a barrel.

SBP seen holding rates as Middle East conflict clouds economic outlook
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SBP seen holding rates as Middle East conflict clouds economic outlook

AKD Research said the central bank could resume monetary easing in the second half of 2026

Pakistan business leaders warn fuel price hike could reignite inflation
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Pakistan business leaders warn fuel price hike could reignite inflation

Industry groups urge government to cut petroleum taxes rather than pass the burden to consumers

Sindh mandates third-party vehicle insurance, sets death compensation at PKR 700,000
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Sindh mandates third-party vehicle insurance, sets death compensation at PKR 700,000

New law bans vehicles' registration or transfer without a valid third-party insurance policy.

Pakistan’s regulator registers 3,444 new companies in February
Business

Pakistan’s regulator registers 3,444 new companies in February

Of the newly incorporated companies, 82 had international shareholding

Qatar energy minister warns war will force Gulf to halt energy exports within weeks
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Qatar energy minister warns war will force Gulf to halt energy exports within weeks

Even if the war ended immediately it would take Qatar "weeks to months" to return to a normal cycle of deliveries, he says

Dubai real estate braces for short-term impact from regional conflict
UAE

Dubai real estate braces for short-term impact from regional conflict

UAE developer says strong policies and stable leadership will keep long-term investor confidence intact

India invokes emergency powers, orders refiners to boost LPG output
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India invokes emergency powers, orders refiners to boost LPG output

Imports account for about two-thirds of LPG consumption, with the Middle East making up about 85-90% of that supply

Hormuz closure seen as temporary as oil glut caps price spike risk
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Hormuz closure seen as temporary as oil glut caps price spike risk

Global inventories sufficient to cover 400 days of strait disruption

Middle East aviation chaos tests airlines, airports and insurers
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Middle East aviation chaos tests airlines, airports and insurers

Over 1.5 million passengers affected as hub airports seize up

Pakistan considers work-from-home mandate to cut energy use
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Pakistan considers work-from-home mandate to cut energy use

A national action plan under review would limit physical office attendance and shift schools online during peak consumption periods

Gulf states can weather Hormuz closure within ratings: Fitch
UAE

Gulf states can weather Hormuz closure within ratings: Fitch

Credit agency says Kuwait and Qatar best placed to absorb shock; Bahrain and Iraq face greater pressure