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Oil eases as weaker demand outlook counters Mideast supply concerns

[ The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices eased on Thursday after gains in previous sessions, as attention turned ‌to expectations of weaker global oil demand this year, while there was no progress on opening the vital Strait of Hormuz. Brent futures slipped 42 cents, or … Read more

Debt, liabilities near Rs100tr

[ Servicing costs fall by Rs1.2tr to Rs12tr in FY26; debt-to-GDP ratio also contracts ISLAMABAD: Pakistan’s total debt and liabilities mounted to nearly Rs100 trillion by June 2026, eating up Rs12 trillion in servicing costs in the last fiscal year, amid signs of reversal of high indebtedness due to an improvement compared to the size … Read more

PSX gains 465 points as investors return

[ KARACHI: Pakistan Stock Exchange (PSX) closed Wednesday’s session on a positive note, gaining 464.53 points, or 0.26%, to settle at 180,311.22, as investors returned to equities and made purchases in key sectors. The benchmark KSE-100 index remained in the black throughout the session, during which it reached the intra-day high of 180,901.27 at midday. … Read more

Iran’s Araghchi slams France, other Western nations over human rights ‘hypocrisy’

Iranian Foreign Minister Abbas Araghchi. PHOTO: ANADOLU AGENCY Iranian Foreign Minister Abbas Araghchi on Thursday slammed the “blatant and embarrassing” hypocrisy of “countries like France” over their stance on human rights and international law. “Your backing of Israel’s genocide in Gaza—and aggression against Iran—has destroyed whatever moral high ground you imagined you had,” he wrote … Read more

OPEC, IEA diverge on oil demand

[ LONDON: OPEC on Wednesday lowered its forecast for world oil demand growth in 2026 to 580,000 barrels per day, a copy of its monthly report showed, marking the fourth straight downward revision. The producer group continues to see a smaller impact on consumption since the Iran war started than other forecasters such as the … Read more

Gold climbs despite mixed global cues

[ KARACHI: Gold prices rose in the domestic market on Wednesday even as international rates showed mixed movements, influenced by key US economic data. According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold per tola reached Rs463,936 after gaining Rs4,200. Ten-gram gold was quoted at Rs397,750, up Rs3,601. … Read more