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Pakistan says it has largely secured petrol cargoes for March and April despite turbulence in global energy markets. Officials say extra shipments and tighter monitoring are being used to protect domestic supply and price stability.
Pakistan’s rupee stayed firm against the US dollar but suffered notable losses against the euro and pound. The shift highlights broader exchange-rate pressure despite continued dollar-side stability.
The Pakistan Stock Exchange posted a strong intraday rise as hopes of de-escalation in the Middle East improved investor sentiment. Analysts say the rally may continue if geopolitical risks ease further, though volatility remains a key concern.
President Asif Ali Zardari has asked the government to keep the impact of petroleum prices on the public as low as possible. He was also briefed on border security, economic indicators and petroleum-related measures.
Gold prices fell sharply in Pakistan, mirroring declines in global markets. The move quickly became one of the day’s most talked-about business stories due to its direct effect on traders and buyers.
Pakistan increased kerosene prices by Rs70.73 per litre, taking the rate to Rs428.74 and the March rise to nearly 127%. The jump reflects continued pressure from volatile global oil markets and regional conflict-driven energy disruption.
A fresh OGRA summary has raised the prospect of another significant jump in petrol and diesel prices in Pakistan. The final decision is pending, but the proposal is already drawing attention because of its likely impact on inflation and transport costs.
A fresh economic study says Pakistan is highly vulnerable to any disruption in the Strait of Hormuz. It warns that even limited oil shocks could sharply raise inflation, fuel costs and pressure on the country's external finances.
Pakistan reportedly saved more than $27 million in the CASA-1000 project after talks in Sweden. The development is being seen as a timely economic and energy-sector win.
Gold prices in Pakistan fell sharply again, with the per-tola rate dropping by Rs8,100 to Rs491,362. The slide has become one of the day's biggest business stories ahead of Eid buying activity.
SSGC released a special Eid-ul-Fitr gas schedule, making it one of the most shared practical updates of the day. The announcement drew attention from households preparing for heavy cooking demand during the holiday.
Pakistan may delay a fuel price increase despite rising global oil prices, according to Geo News. The government is seeking extra supply and discouraging hoarding as it tries to shield consumers from another energy shock.
