Business News | PSX | News Updates from Pakistan Economy

Gold prices rise rebound in Pakistan after recent decline

Gold prices in Pakistan have risen again at the start of the business week after several days of decline, according to the All Pakistan Bullion Market.

April 27, 2026
Published in Business

oil hits $107 mark, markets shaken by deepening Iran-US deadlock

Oil climbed on Monday while US stock futures slipped as stalled US-Iran peace talks prolonged the disruption of Middle East energy exports, unsettling markets and policymakers ahead of a packed week of central bank meetings.

April 27, 2026
Published in Business

Iran's military warns of decisive response if illegal US naval blockade continues

Iran’s central military command warns that the continued naval “piracy, blockade, and banditry” by American forces in the region will be met with a decisive response from the Iranian armed forces.

April 26, 2026
Published in Business

Petrol levy hiked by Rs26.77 per litre in major increase

The Government of Pakistan has increased the petroleum levy on petrol by Rs26.77 per litre, taking the total levy to Rs107.38 per litre, according to sources.

April 25, 2026
Published in Business

Govt hikes petrol, diesel prices by nearly Rs27 per litre

The federal government announced a Rs26.77 per litre hike in the price of petrol and high-speed diesel each on Friday, according to a notification issued by the Petroleum Division.

April 25, 2026
Published in Business

Pakistani AI entrepreneur Sualeh Asif makes it to Forbes' global billionaires list

A 26-year-old Pakistani entrepreneur has joined the ranks of the world’s wealthiest people after the rapid success of his artificial intelligence company, Cursor.

April 24, 2026
Published in Business

Oil prices rose morning over fears of renewed military escalation in the Middle East

Oil rises amid fears of escalating Middle East tensions

Oil prices rose on Friday morning over fears of renewed military escalation in the Middle East after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz and on reports that…

April 24, 2026
Published in Business

Pakistan seeks three spot LNG cargoes in first tender since December 2023

Pakistan LNG Limited has issued its first spot tender for liquefied natural gas (LNG) since December 2023 amid supply shortfalls triggered by the US-Israeli war on Iran.

April 23, 2026
Published in Business

Oil prices jumped 4% after Iran vowed not to reopen the Strait of Hormuz

Oil surges past 4% as Iran keeps Hormuz locked

Oil prices jumped 4% Thursday after Iran vowed not to reopen the Strait of Hormuz so long as a US naval blockade remained in place despite a ceasefire extension.

April 23, 2026
Published in Business

Don’t miscalculate Iran’s combat readiness, commander warns enemies

The commander of the Ground Force of the Iranian Army has warned enemies against miscalculating the morale and combat capabilities of Iranian armed forces.

April 22, 2026
Published in Business

Market sees sharp increased in ghee and cooking oil prices

Prices of ghee and cooking oil have climbed to their highest levels in the open market, placing additional financial strain on consumers, even as flour prices show a modest decline.

April 22, 2026
Published in Business

IMF sets 11 new conditions for Pakistan before approving $1.2bn tranche

The International Monetary Fund (IMF) has set 11 fresh conditions for Pakistan to secure the next $1.2 billion tranche, including reforms to procurement rules to end preferential treatment for state-owned enterprises in multi-billion-rupee contracts.

April 21, 2026
Published in Business

SBP receives final $1bn from Saudi Arabia, bringing total deposit reaches $3bn

The State Bank of Pakistan (SBP) has received $1 billion from the Ministry of Finance of the Kingdom of Saudi Arabia, marking the second tranche of a $3 billion deposit agreed recently, the central bank…

April 21, 2026
Published in Business

The Ministry of Energy has signed a TASA with the International Finance Corporation

Services agreement linked between power division and IFC

The Ministry of Energy (Power Division) has signed a Transaction Advisory Services Agreement (TASA) with the International Finance Corporation (IFC), a member of the World Bank Group.