World Business NewsOil could hit $150 amid Gulf shutdown, Wood Mackenzie says
WoodMac warns Brent could reach $150 as 15 million bpd Gulf exports disappear from market
Mar 11, 2026
S
Saddam Hussain
155Articles
Share:
Published Work(155 articles)
World Business News
World Business NewsAsia shares rise in relief rally as Nvidia beats the street
Nikkei hits record, KOSPI gains 2%, MSCI Asia ex-Japan up 0.7% as Nasdaq futures fall 0.25%
Feb 26, 2026
HeadlinesTribunal upholds CCP’s Rs 40 million penalty on UDPL, IBL for anti-competitive agreement
Tribunal says appellants’ own conduct confirmed non-compete pact and prohibited market-sharing arrangement
Feb 24, 2026
HeadlinesKSE-100 tumbles over 3% as selling pressure grips PSX
Market closes at 167,691.08, down 5,478.63 points or 3.16% from previous close
Feb 23, 2026
World Business NewsIndonesia, US sign agreement on reciprocal trade, Indonesian ministry says
Indonesia expects tariff exemptions on nearly 1,700 commodities, including palm oil, following deal signing
Feb 20, 2026
HeadlinesPakistan’s IT exports hit $2.6 billion in 7MFY26, marking 20% growth YoY
January IT exports rise 19% YoY to $374 million, while net IT exports show strong growth; government aims for $10 billion by FY29
Feb 18, 2026
HeadlinesSG Power Limited to shift core business from power to technology sector
Board approves strategic pivot, appoints Naim Anwar as chairman
Feb 16, 2026
HeadlinesPetroleum Division warns of operational risks due to further cuts in RLNG cargoes for 2026
ISMO seeks additional reduction of nearly 10 power-sector cargoes after Qatar ADP finalised; govt already shifts 24–29 cargoes under NPD amid falling demand
Feb 16, 2026
HeadlinesIHC orders action under law as DGPC pursues show-cause process against Jura Energy, Frontier Holdings, Spud Energy over change of control
National Assembly told proceedings mandatory before any licence revocation; IHC disposed case on Feb 6, 2026, directing due process
Feb 15, 2026
HeadlinesIMF discussing electricity tariffs revisions with Pakistan
Ongoing discussions will assess whether the proposed tariff revisions are consistent with the loan commitments and evaluate their potential impact on macroeconomic stability, including inflation, Fund says
Feb 14, 2026
HeadlinesPIA’s new owners plan IPO within a year of takeover: report
Consortium to list up to 10% stake as it is expected to take control of the airline in April 2026
Feb 13, 2026
HeadlinesGovt considers cess on fertiliser firms to recover windfall gains
Proposal under review to ring-fence collections for farmers as gas allocation policy evolves
Feb 13, 2026