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Explosion rocks Texas oil refinery
A fire at Valero’s largest oil refinery in Texas was put out on Tuesday after an explosion prompted a shelter-in-place order for residents in the area. The explosion occurred at a refinery in Port Arthur, Texas, around 90 miles east of Houston. Mayor Charlotte Moses told residents that no one...
India-bound LPG tankers sail through Strait of Hormuz
India has said the vessels, carrying more than 92,000 tons of LPG, are expected to arrive this week Read Full Article at RT.com
China welcomes US firms to continue growing in its market: minister
China welcomes US firms to continue growing in its market: minister
Trump dials PM Modi amid Gulf war, discusses Mideast crisis, Strait of Hormuz
Trump dials PM Modi amid Gulf war discusses Mideast crisis Strait of Hormuz
Bangladesh hikes jet fuel prices by nearly 80% amid global energy crisis
Bangladesh hikes jet fuel prices by nearly amid global energy crisis
Bangladesh hikes jet fuel prices by nearly 80% amid global energy crisis
Bangladesh hikes jet fuel prices by nearly amid global energy crisis
How US–Israel War on Iran Could Redraw Global Energy Map
The ongoing chaos in the Persian Gulf contributes to the emergence of new Asian energy hubs, Guilherme da Conceicao, researcher at the Center for Research on Russia, Eurasia and the Post-Soviet Space (CIRE), tells Sputnik.
Ares, Apollo Cap Private Credit Fund Withdrawals as Exodus Grows
Two of the biggest names in private credit, Ares Management Corp. and Apollo Global Management Inc., blocked investors from getting even half of the money they wanted out of their funds, a sign of mounting strain in the $1.8 trillion market.
PSX rallies 1,200 points after Eid break
The Pakistan Stock Exchange’s benchmark KSE-100 index on Tuesday gained over 1,200 points. The index gained 1,225.99 points, or 0.80 per cent, to close at 153,966.36 points, from the previous close of 152,740.37 points. The KSE-100 rose to an intraday high of 157,442.68 points at around 9:30am, then...
Will geopolitical tensions derail India's GDP growth outlook? Expert answers
Will geopolitical tensions derail Indias GDP growth outlook Expert answers
Philippines declares energy emergency over Middle East conflict risks
Philippines declares energy emergency over Middle East conflict risks
Dollar firms as optimism for swift end to Iran war fades
The dollar edged higher on Tuesday as investors doubted a quick end to the Middle East conflict, partly reversing Monday’s optimism-fueled market action. Data released on Tuesday showed US. business activity slowing to an 11-month low in March as the war raised energy and other input costs, r...
OGDCL commences oil production from development well in Hyderabad
ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) on Tuesday announced the successful commencement of oil production from its development well Pasakhi-13 in Hyderabad, marking Pakistan’s first successful horizontal oil well in a clastic reservoir. According to a statement by the company...
Oil holds above $100 as peace talk hopes fade
Oil holds above as peace talk hopes fade
Japan to start release of state oil reserve on Thursday to ease Iran impact
The Japanese government said it will start releasing 30 days’ worth of state-held oil from Thursday to cushion the impact on the economy as concerns over supply mount and oil prices soar amid the ongoing US-Israeli war on Iran. On Tuesday, the industry ministry announced that the government plans to...
Petrol Price in Pakistan may rise to historic high
Islamabad: The prices of petroleum products in Pakistan are likely to reach record-high levels as global crude oil costs continue to rise amid the ongoing Iran conflict and tensions in the Middle East. Sources indicate that petroleum product prices could see a historic increase in the coming days, p...
Why DHL is betting on rising Chinese exports – even as war and tariff risks grow
Global trade flows are facing severe disruption amid the US-Israel war on Iran and unpredictable tariff policies. But logistics giant DHL still expects its revenues to soar in the coming years thanks in large part to Chinese companies’ rising global ambitions. The resilience of China’s outbound trad...
$580 million in oil bets placed moments before Trump’s Iran post – FT
Oil traders placed $580 million in bets minutes before US president Donald Trump’s post about “productive” talks with Iran, the FT has said Read Full Article at RT.com
Pakistan says petroleum stocks comfortable after committee review
A meeting of the Committee to Monitor Petrol Prices was held today, chaired by the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, following the Eid holidays, to review the energy supply situation and assess developments in global oil and gas markets amid evolving geopolitical...
Dollar and Other Currency Rates in Pakistan Today- 24 Mar. 2026
Dollar and Other Currency Rates in Pakistan Today, 24 Mar 2026: Currency Rates Update – US Dollar, GBP – Full Forex Round-Up