October 26, 2026
KSE-100 Loses 4,045 Points Over the Week
A fifth consecutive weekly decline took the index to 162,375, with oil, regional conflict and domestic uncertainty all cited.
Articles for tag: Brent, Gulf crisis, KSE 100, markets, PSX, selloff
October 24, 2026
KSE-100 Closed Friday Down Another 1,549 Points
The index ended the week at 162,374.87, down 1,549.44 points, taking the two-session fall past 3,500 points.
October 24, 2026
Brent Crude Hits Six-Month High Above $116
Brent closed at $116.72, its highest since 29 April, after Houthi attacks in Saudi Arabia and an oil spill reported by the UAE.
August 18, 2026
Oil Passes $91 as Iran Signals a ‘Fully Offensive’ Posture and Hormuz Stays at a Trickle
Brent climbed to $91.14 after a senior Iranian official said Tehran would shift to a fully offensive military posture and Washington ruled out extending the ceasefire. Only five vessels transited Hormuz on Saturday and none on Sunday.
August 17, 2026
Hormuz Traffic Falls to Zero on Sunday as Oil Holds Last Week’s Gains
Ship-tracking data show five commodity vessels transited the Strait of Hormuz on Saturday and none on Sunday, against 31 the previous weekend. Brent held at $88.55 after gaining more than 5 per cent last week.
August 15, 2026
Oil Heads for Sizeable Weekly Gains as US-Iran Talks Stall
Brent rose 1.45 per cent to $88.33 as Washington threatened to widen economic pressure on Iran including an extended naval blockade. Spot gold reached $4,380 an ounce and US consumer sentiment deteriorated on the rising cost of living.
August 12, 2026
Oil Nears $90 as Hormuz Traffic Falls to Six Vessels a Day
Brent rose towards $90 as attacks on two ships and doubts over a US-Iran deal outweighed a sharp build in US crude stocks. Shipping data show six vessels transited Hormuz on Monday, against 125 to 140 a day before the war.
August 11, 2026
Oil Holds Above $87 as Trump Demands Compensation and Hormuz Hopes Fade
Brent held at $87.81 after rising more than 5 per cent on Monday, when Trump answered Iran's conditions with a demand that it pay compensation. Hormuz crude and product exports fell to 3 million barrels a day from 4.4 million the week before.
Increasing OPEC+ Exit pushes raw prices amid Russian supply risks
Extensive oil profits on Tuesday are supported by the latest increase in OPEC+ oil exit to be less than expected, expectations that China will continue to store oil and concerns about possible new sanctions in Russia. Eight members of the oil exporting countries and allies agreed on Sunday to increase production by October by 137,000 barrels a day, lower than the increases of about 550,000 bpd they made for September and August. Brent Sacled increased by 47 cents, or 0.7%, to $ 66.49 a barrel by 0910 GMT, while the US West Texas Intermediate rarked 72 cents or 1.2%to $
August 25, 2025
Guitarist Brent Hinds accepts tribute to Mastodon band despite the dispute
Mastodon pays tribute to late guitarist Brent Hinds Mastodon was just honoring the memory of their last guitarist, Brent Hinds. The musician tragically died at the age of 51 after a motorcycle accident on August 20 and now, artists Heavy Metal, who marked their first show from his passage, gave Brent. Drummer Brann Dailor said to the crowd: “We have lost someone very special for us yesterday. Although Brent claims earlier this year that he had “kicked” Mastodon – it also consists of Bill Kelliher and Troy Sanders – Brann insists there was a lot of “love” for him in
