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.
Articles for tag: Brent, Energy, Hormuz, houthi, imports, oil prices
September 13, 2026
Rs130
Two days ago this column complained that Pakistan argues about the fuel price and never about the tax inside it. A party is now marching on that tax. A column on why a constant becomes visible only when something else moves.
September 11, 2026
No Lag
Two days ago this column argued that Pakistan's fuel prices move with a fortnight's lag, and that the interval was the only sovereign space we had. There is no fortnight. A column on being wrong, and on what the correction costs.
August 24, 2026
Asim Munir in Tehran, and the Price of Petrol in Lahore
The Field Marshal flies to Tehran on the day Washington unveils its heaviest sanctions yet, while Jamaat-e-Islami prepares to shut the country over the price of diesel. Aflatoon on a foreign policy that now arrives at the pump.
August 20, 2026
Diesel Falls Rs32.63 as Refineries Agree to Cap Their Margin — but Petrol Rises Again
The government has capped the diesel crack spread at $41.5 a barrel against an international margin of about $68, cutting high-speed diesel by Rs32.63 from Rs395.69 to Rs363.06. Petrol rose Rs2.97 to Rs337.51.
August 19, 2026
UAE Suspends All Trade and Financial Transactions with Iran After Detecting Two Ballistic Missiles
The Emirati foreign ministry has suspended all trade, exchanges and financial transactions with Iran until further notice, a day after its defence ministry said it detected two ballistic missiles launched from Iran. Tehran calls the claim "baseless".
August 18, 2026
Cnergyico Buys More US Crude as Pakistan Tries to Diversify Away from the Gulf
Pakistan's largest refiner imported about 8.1 million barrels of US crude over nine months and is buying more, as the Iran war exposes the country's dependence on Gulf shipping routes and Islamabad seeks tariff relief from Washington.
August 12, 2026
Naqvi in Tehran as Pakistan Says It Will ‘Offset Spoilers’ of US-Iran Talks
Interior Minister Mohsin Naqvi met the Iranian president and foreign minister carrying a message from the prime minister and the army chief. The Foreign Office says Pakistan will continue to counter spoilers of the talks through direct and indirect channels.
August 6, 2026
Petrol Rises Rs4.45 While Diesel Falls Rs2 in a Split Revision
The government has raised petrol by Rs4.45 to Rs333.01 a litre while cutting high-speed diesel by Rs2 to Rs383.86 — the two products moving in opposite directions because each is priced off its own international benchmark.
July 6, 2026
Pakistan Pays Nearly Double for Emergency LNG as Qatari Supplies Still Haven’t Recovered From Hormuz Disruption
Pakistan LNG Limited has purchased a spot cargo from TotalEnergies at $17.37 per mmBtu — roughly twice the cost of Pakistan's long-term Qatari contracted supplies — as LNG exports from Qatar remain below normal levels despite the June 18 US-Iran ceasefire restoring Hormuz shipping traffic. It is Pakistan's second emergency spot purchase in two weeks. The government has simultaneously raised notified LNG prices by up to 16.17% to offset higher procurement costs.
