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oil prices

Indian Economy Faces Mounting Costs as Iran War Drags On

Faraz Ali Ansari2026-06-09

NEW DELHI: Just months ago, India’s central bank governor was celebrating what he called a “rare Goldilocks” phase falling inflation, solid growth, and a currency holding its ground. The Iran war that erupted on Feb. 28 ended all of that. With India being the third biggest oil importer in the world, around 90 percent of ... Read more

Iran war profits surge as oil companies, Wall Street banks and defence firms cash in on global conflict

Iran War Turns Into Billion-Dollar Jackpot for Global Giants

Focus Pakistan2026-05-09

As households across the world absorb the financial punishment of the US-Israel war in Iran, a select group of corporations is quietly counting record profits. The conflict has choked the Strait of Hormuz, disrupted global supply chains, and sent energy prices spiraling but for oil giants, Wall Street banks, defence contractors, and renewable energy firms, ... Read more

Petrol price in Pakistan expected to drop by Rs30–Rs60 per litre after global oil prices decline

Pakistan Petrol Prices Set to Drop as PM Shehbaz Orders Full Benefit Transfer to Public

Focus Pakistan2026-04-09

ISLAMABAD: To help reduce inflation in the country, Pakistan’s Prime Minister Shehbaz Sharif is making sure that there is a drastic decrease in fuel prices. This will be possible after the dramatic fall in oil prices on the global scale as the Prime Minister directed relevant departments about how to benefit from these changes. Related: ... Read more