ISLAMABAD: Pakistan has sent vessels to ports in Saudi Arabia and the United Arab Emirates to secure crude oil supplies, the Pakistani petroleum minister said late Friday, as tensions in the Middle East continue to threaten global energy flows. Global oil markets have been rattled since the United States and Israeli began pounding Iran last week, prompting retaliatory strikes from Tehran across the region. The conflict has raised fears of disruptions in energy supplies, particularly through the Strait of Hormuz, and pushed petroleum prices.

ISLAMABAD: Pakistan has asked Saudi Arabia to help secure crude oil supplies through the Red Sea port of Yanbu as the closure of the Strait of Hormuz threatens the country’s…

KARACHI: Pakistan’s Oil and Gas Regulatory Authority (OGRA) announced on Wednesday it was allowing oil marketing companies to regulate supply to retail outlets as a temporary move…

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies…

KARACHI: Pakistan has offered its Karachi seaport for uninterrupted global cargo transshipments as escalating Middle East tensions threaten maritime trade, the country’s largest…

ISLAMABAD: Pakistan on Friday increased petrol and diesel prices by Rs55 ($0.20) per liter each as escalating conflict in the Middle East sent global oil prices sharply higher and…

ISLAMABAD: Pakistan has sent vessels to ports in Saudi Arabia and the United Arab Emirates to secure crude oil supplies, the Pakistani petroleum minister said late Friday, as…

ISLAMABAD: Pakistan’s Punjab province on Saturday warned of action against the ones hoarding petroleum products, while authorities in federal capital of Islamabad sealed seven…

ISLAMABAD: Pakistan’s Sindh government and the federal government discussed energy conservation measures amid a sharp rise in global oil prices on Sunday, the Sindh chief…

ISLAMABAD: Pakistan’s Petroleum Minister Ali Pervaiz Malik said this week that three oil shipments are expected to reach Pakistan on Monday, state media reported as Islamabad…

KARACHI: Pakistan’s leading commerce body on Monday urged the government to declare an “energy emergency” to shield the country’s economy from an intensifying conflict between the…

KARACHI: Pakistan has “comfortable levels” of petroleum stocks and the supply chains are functioning smoothly, the finance ministry said on Monday, amid an ongoing Middle East…

ISLAMABAD: Pakistan Navy (PN) has launched ‘Operation Muhafiz-ul-Bahr’ to safeguard national energy shipments, the Pakistani military said on Monday, amid disruptions to critical…

Karachi: Pakistan’s navy has launched an operation to “counter multidimensional threats” to its national shipping and maritime trade, with concerns about fuel supplies due to the…