Friday, October 23, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 439036/tola
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 Dar Departs for Istanbul to Attend First-Ever R-4+E-3 Foreign Ministers’ Meeting Deputy Commissioners in KP Given Power to Detain Without Charge Four Police Killed in Karak, Including a CTD Superintendent KSE-100 Falls 2,007 Points — Worse Than Emergency Day Pakistani Among Injured as Dammam Airport and Shaybah Hit PM Announces Rs160bn for KP With 70pc to Merged Districts Diesel Now Rs14 Dearer Than Petrol as the Gap Keeps Widening IMF Sees Weak External Position and Holds Growth at 3.5pc Lahore Is the World’s Most Polluted City Again Gul Plaza Had No Fire Alarms or Safety Measures Dar to Attend First R4E3 Foreign Ministers’ Meeting in Istanbul Government to Form JIT in Mir Raza Case Harry Brook Smashes Record-Breaking 202 as England Post 429-4 Against Sri Lanka in Rawalpindi Field Marshal Vows Total Defeat of Terrorists and Their Ideology Earthquake in Tibet Kills Sixteen NCCIA Rescues Karachi Teenager from Dark Web-Linked Network That Ordered Her to Poison Cat, Harm Herself Petrol Price Cut by Rs1.60 Per Litre, High-Speed Diesel Increased by Rs1.64 Under New Daily Pricing Mechanism Magnitude 7 Earthquake Strikes Tibet, Killing at Least 16 and Injuring 32 Lahore Tops Global Ranking of Most Polluted Cities with Hazardous AQI of 344 US Orders Staff Out of Saudi Arabia as Blasts Hit Southern Iran

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Bloom Pakistan

KSE-100 Sheds Over 1,300 Points on July 24 as Rising Oil and Middle East Tensions Reverse Session Gains

Pakistan's KSE-100 index shed over 1,300 points on Thursday in a session that opened positively before sustained selling pressure — driven by geopolitical tension and rising global crude — pulled the benchmark well into negative territory. The index touched an intraday high of 175,237 before sliding to a low of 171,655, as energy and industrial stocks led broad-based declines.

Geo.tv

Petrol Rises Rs4.40 to Rs331.52 for July 24 as Daily Mechanism Tracks Continued Middle East Oil Surge

Pakistan's daily fuel pricing mechanism has pushed petrol up by Rs4.40 per litre for July 24, 2026, taking the pump price to Rs331.52 — the fourth consecutive daily increase since the mechanism launched on July 17. High-speed diesel rises by Rs3.62 to Rs378.66 per litre, approaching the Rs379 mark. OGRA attributed the increase to continued volatility in global crude markets driven by the US-Iran conflict and Strait of Hormuz supply fears.

Mediators Propose 10-Day US-Iran Ceasefire to Halt Strikes; Neither Washington Nor Tehran Has Accepted

Regional mediators including Qatar, Oman, Egypt and Pakistan have presented the United States and Iran with a proposal for a 10-day ceasefire to halt the exchange of strikes and de-escalate the Strait of Hormuz crisis. The proposal includes fully reopening both Hormuz shipping lanes during the ceasefire window while the two sides negotiate a longer-term arrangement. Neither President Trump nor Iranian leadership has accepted the proposal. Both sides are reported to be seeking to improve their military position before committing to any pause.

KSE-100 Surges 2,400 Points on US-Iran Mediation Hopes as Oil Eases; Rupee Steady at Rs278

Pakistan's KSE-100 benchmark index surged more than 2,400 points on July 21, touching an intraday high of 178,370 — up 1.39% from the previous close — as investor sentiment improved on reports that regional mediators had proposed a 10-day US-Iran ceasefire. Brent crude eased to $88.88 per barrel. The rupee held steady at Rs278.35 in the interbank market. Buying was broad-based across banks, energy, cement and automobiles. The market is pricing in a ceasefire proposal that neither Washington nor Tehran has formally accepted.

Pakistan Observer

Pakistan Scrambles to Salvage Islamabad MoU; Dar Calls Kuwaiti and Saudi Foreign Ministers as Iran Strikes Gulf

Deputy Prime Minister and Foreign Minister Ishaq Dar held separate telephone conversations with his Kuwaiti and Saudi counterparts on July 19, as Pakistan intensified diplomatic efforts to preserve the Islamabad MoU after Iran suspended its commitments. Kuwait raised concerns about Iranian attacks on Kuwaiti water and power infrastructure directly with Dar in the call. The Foreign Office called on all parties to exercise restraint and described the MoU as "the only viable framework for de-escalation," but both the US and Iran have now abandoned the agreement in practice.

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