Staff Report

Oil Prices Edge Higher on Strait of Hormuz Supply Concerns
- By Staff Report
- August 18, 2026
Oil prices edged higher for a third consecutive session on Tuesday as hope for a deal to end the Middle East conflict weakened. According to…

Pakistan Posts $328m Current Account Deficit in July 2026
- By Staff Report
- August 18, 2026
Pakistan posted $328 million current account deficit in July 2026, down from $814 million in June and from $529 million in the same month a…

US-Iran Talks Await Hormuz Understanding, Qatar Says
- By Staff Report
- August 18, 2026
Qatar said mediators were awaiting understanding between Oman and Iran over the Strait of Hormuz before revival of wider negotiations between the United States and…

Karachi Sees Major National Flag Collection Drive After Independence Day
- By Staff Report
- August 17, 2026
Karachi witnessed a major national flag collection drive following the Independence Day celebrations, as volunteers collected flags and buntings left behind in public spaces. Volunteers…

Khyber Pakhtunkhwa Weather: Widespread Rains, Heavy Falls Predicted
- By Staff Report
- August 17, 2026
Widespread rains with isolated heavy downpours are predicted in Peshawar and parts of Khyber Pakhtunkhwa on Monday night, Tuesday and Wednesday, with occasional breaks. According…

Lahore, Punjab Weather: Widespread Rains, Heavy Falls Expected
- By Staff Report
- August 17, 2026
Intermittent monsoon rains with isolated heavy downpours are expected in Lahore and parts of Punjab on Monday night, Tuesday and Wednesday. Synoptic Situation According to…

More Widespread Monsoon Rains Likely Across Islamabad, Pakistan
- By Staff Report
- August 17, 2026
More widespread monsoon rains and gusty winds are likely in Islamabad, Rawalpindi, and parts of Pakistan on Monday night and the next two days, with…

SBP Cancels Al-Rahim Exchange Company’s Licence
- By Staff Report
- August 17, 2026
The State Bank of Pakistan (SBP) has immediately revoked the authorization of M/s Al-Rahim Exchange Company (Pvt.) Limited. According to press released issued by the…

Iran Warns of Strait of Hormuz Escalation if US Talks Fail
- By Staff Report
- August 17, 2026
Iran will adopt a more aggressive approach in the Strait of Hormuz and across the wider region if diplomatic efforts with the United States fail.…

Pakistan’s Cnergyico Turns to US Crude Amid Gulf Supply Risks
- By Staff Report
- August 17, 2026
Pakistan’s largest oil refiner, Cnergyico, is increasing its purchases of United States crude to diversify energy supplies amid Gulf shipping routes disruptions. Cnergyico, which began…







