Xinhua : Trump says to reinstate the naval blockade on Iran
U.S. President Donald Trump said Monday that the United States was reinstating a naval blockade on Iran in the Strait of Hormuz. “We are reinstating the THE IRANIAN BLOCKADE, so…
Xinhua: Fresh U.S.-Iran clashes spark regional concerns, calls for de-escalation
The United States and Iran exchanged a fresh round of attacks over navigation in the Strait of Hormuz on Sunday, despite a memorandum of understanding signed by the two countries…
Gulf turmoil is hurting Pakistan’s economic outlook
Regional instability continues to influence market sentiment, negatively impacting Pakistan’s domestic bond and equity markets and foreign direct investment, all of which declined at the end of FY26. Several economic…
Saudi Aramco resumes oil loading at Ras Tanura terminal in boost to supply
Saudi Aramco resumed crude loadings on Friday at its Ras Tanura terminal in the Gulf after a nearly four-month halt, shipping data showed, as the world’s biggest oil exporter joined…
Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz
Oil prices slumped 5% to a three-month low on Monday amid a broad selloff after the U.S. and Iran said they agreed on terms to end their war and reopen…
Pakistan: Vessel carrying 73,000 MT of crude oil to arrive at KPT
A vessel, P Aliki, carrying 73,000 metric tons of crude oil, is set to arrive at Karachi Port Trust (KPT) on Thursday. According to the KPT’s shipping intelligence report, the…