Wednesday, October 21, 2026
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Wednesday, October 21, 2026

Staff Report

Oil Prices Edge Higher on Strait of Hormuz Supply Concerns

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

Pakistan Posts $328m Current Account Deficit in July 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…

Strait Of Hormuz Shipping Traffic Drops Sharply Amid Iran Oman Talks

US-Iran Talks Await Hormuz Understanding, Qatar Says

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

Karachi Sees Major National Flag Collection Drive After Independence Day

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

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 More Rain Heavy Falls Expected

Lahore, Punjab Weather: Widespread Rains, Heavy Falls Expected

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

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 Companys Licence

SBP Cancels Al-Rahim Exchange Company’s Licence

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

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.…

Islamabad Peshawar May Face Fuel Shortage As Main Crude Distillation Unit Shut Down

Pakistan’s Cnergyico Turns to US Crude Amid Gulf Supply Risks

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…

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