Iran Israel conflict and oil crisis
Study Shows Pakistan Solar Power Eases Hormuz Impact
The rapid adoption of rooftop solar panels in Pakistan has helped shield the country from price spikes and supply disruptions following tensions around the strategically…
How the Iran–Israel War Has Hit Three Key Global Industries
The Iran–Israel war erupted on 28 February 2026 after joint U.S. and Israeli military strikes on Iranian territory, igniting a wider regional conflict and prompting intense retaliation…
Why Iran Considers Yuan Payments for Hormuz Ship Passage
The escalating conflict between Iran and Israel has created fresh instability across the Middle East, heightening fears of prolonged disruption to global oil supplies and…
No Petrol Hike Despite Rising International Oil Rates
Prime Minister Shehbaz Sharif on Friday confirmed that petroleum product prices will remain unchanged this week despite global oil markets showing significant upward pressure. According…
Oil Prices are Set to Soar Above $200 a Barrel
A senior military spokesperson in Iran warned on Wednesday that global oil prices could surge to $200 per barrel as the conflict continues to disrupt…
Pakistan & India Face Massive Oil Crisis Amid Middle East War
Oil prices surged 20% in early trading today, March 9, 2026. The cost per barrel hit its highest mark since July 2022. The expanding US-Israeli…
US Embassy Islamabad Cancels Visa Appointments Amid Iran-US-Israel Conflict
The US Embassy in Islamabad has cancelled all immigrant and non-immigrant visa appointments scheduled between March 9 and March 13. The announcement was issued by…
Pakistan Considers Mandatory Work From Home Amid Strait of Hormuz Closure
Pakistan is currently planning a mandatory work-from-home policy. The government wants to enforce strict fuel conservation measures across the country. Currently, in the ongoing Middle…
Irani Drone Reportedly Hits Pakistani Oil Loading Vessel In Saudi Arabia
A drone attack targeted oil facilities near Ras Tanura in Saudi Arabia, prompting emergency measures at the port where a Pakistan National Shipping Corporation (PNSC)…
Oil prices surge over 3% after US strikes on Iranian nuclear sites
Oil markets experienced a sharp jump on Monday, hitting their highest levels since January, as escalating tensions in the Middle East fueled fears over supply…