Business
Pakistan oil firms seek emergency import relief over shipping crisis
Tanker insurance costs surge as Gulf tensions disrupt petroleum cargo bookings
Mar 10, 2026
Mar 10, 2026
Tanker insurance costs surge as Gulf tensions disrupt petroleum cargo bookings
Ahmed says deferred oil payment arrangement with Saudi Arabia remains on track
The decision was taken amid conflict in the Middle East which has skyrocketed oil prices
February volumes fall 15% month-on-month despite strong transport and farm demand
Chase Securities says CPI could reach 9-11% if crude climbs near $100
Port authorities say move reflects shipping lines’ confidence as trade flows continue despite tensions
Jet fuel climbs from PKR 189 to PKR 342 per liter amid Gulf supply disruptions
Since the beginning of the war, WTI is up more than 75% and Brent more than 60% to above $118 a barrel.
AKD Research said the central bank could resume monetary easing in the second half of 2026
Industry groups urge government to cut petroleum taxes rather than pass the burden to consumers
New law bans vehicles' registration or transfer without a valid third-party insurance policy.
Of the newly incorporated companies, 82 had international shareholding
The new prices will take effect from March 7
Even if the war ended immediately it would take Qatar "weeks to months" to return to a normal cycle of deliveries, he says
UAE developer says strong policies and stable leadership will keep long-term investor confidence intact
Imports account for about two-thirds of LPG consumption, with the Middle East making up about 85-90% of that supply
Global inventories sufficient to cover 400 days of strait disruption
Over 1.5 million passengers affected as hub airports seize up
A national action plan under review would limit physical office attendance and shift schools online during peak consumption periods
Credit agency says Kuwait and Qatar best placed to absorb shock; Bahrain and Iraq face greater pressure
