Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
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Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: Brent crude, Energy, houthi, oil prices, Pakistan, petrol prices, red sea, Saudi Arabia, tanker attacks, US-Iran war

Arab News

Brent Crude Hits $100 Per Barrel for First Time Since May as Houthi Attacks on Saudi Tankers Open New Front

Brent crude crossed $100 per barrel on July 24, 2026 — its highest level since May — rising more than 13 per cent on the week after Houthi forces attacked two Saudi oil tankers in the Red Sea in what the group described as enforcement of a new blockade of Saudi ports. Kazakhstan's suspension of crude exports through the Caspian Pipeline Consortium terminal following drone attacks compounded the supply shock. For Pakistan, which now sets retail fuel prices daily against global benchmarks, the implications are immediate.

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.

Both Sides

This week Pakistan called Saudi Arabia to condemn Houthi attacks on Saudi oil tankers, vowed force to protect Saudi maritime interests, and simultaneously received Iran's Interior Minister with a personal message from President Pezeshkian calling Pakistan a "second home for all Iranians." Both happened. Both are true. Pakistan has become the world's most practiced diplomat of the impossible middle position.

Iran’s Interior Minister Delivers Pezeshkian’s Personal Message to PM Shehbaz in Islamabad; Iran Calls Pakistan “A Second Home for All Iranians”

Iranian Interior Minister Eskandar Momeni arrived in Islamabad this week carrying a personal message from President Masoud Pezeshkian to Prime Minister Shehbaz Sharif, focused on the evolving regional security situation and Iran's assessment of a diplomatic path forward. Iranian officials described Pakistan as a "brotherly country" and "a second home for all Iranians" — language signalling an unusual depth of diplomatic trust as Pakistan maintains its role as one of the most active neutral channels between Tehran and Washington in the ongoing US-Iran conflict.

Khamenei Calls for End to Iran’s “Neither War Nor Peace” State; Pakistan-Iran Diplomatic Back-Channel Remains Active

Iranian Supreme Leader Ali Khamenei has instructed President Masoud Pezeshkian to end what he described as the "neither war nor peace" state that has defined Iran's position since the collapse of the June 17 MOU ceasefire, according to Middle East Monitor. The instruction is being read by regional analysts as a signal that Iran's leadership is open to a new diplomatic framework — but on terms that address the Strait of Hormuz passage dispute at the core of the MOU's collapse. Pakistan's mediation channel remains active, with Iran's Interior Minister having delivered a personal message from Pezeshkian to PM Shehbaz in Islamabad this week.

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
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