Strait of Hormuz
Cargo Ship Carrying Thousands of iPhones Hits Mine and Sinks
A Singapore-flagged container ship sank in the Strait of Hormuz on Thursday after striking a mine, international news agencies reported. All 21 crew members were…
Govt May Revive Fuel Austerity Measures as Oil Prices Surge Again
The government of Pakistan may reintroduce fuel conservation and austerity measures as early as this week or next, as renewed tensions in the Middle East…
Govt Orders OGRA to Publish Daily Petrol Pricing Data
The Oil and Gas Regulatory Authority (OGRA) has been directed by the government to publish daily Platts pricing data on its website, giving the public…
Pakistan Eyes Iranian Crude Imports Amid Sanctions Easing
Pakistan is exploring the possibility of importing discounted oil and gas from Iran after a temporary easing of US sanctions opened a window for energy…
Iran Closes Strait of Hormuz Following Israeli Strikes
Iran closed the vital Strait of Hormuz to all international vessel traffic on Saturday following recent military attacks by Israel against several targets located across…
Federal Govt Announces Fresh Petrol and Diesel Price Hike
The federal government announced Thursday an increase in fuel prices, raising petrol by Rs6.51 per litre and high‑speed diesel (HSD) by Rs19.39 per litre. Following…
Which Regions May Be Hit by Internet Outages as Iran Threatens Undersea Cables
Fibre-optic cables beneath the Strait of Hormuz carry data for hundreds of millions of people across the Gulf region, Asia, Africa, and Europe. Iran has…
Crypto Scam Targets Ships Stranded at Strait of Hormuz
Unknown actors have sent fraudulent cryptocurrency payment demands to shipping companies whose vessels remain stranded west of the Strait of Hormuz. Greek maritime risk firm…
Oil Prices Fall as Strait of Hormuz Reopens
Oil prices dropped sharply Friday after Iran announced full reopening of the Strait of Hormuz during the ceasefire, triggering immediate rallies across global stock markets.…
Senate Committee Exposes Governance Gaps in Petroleum Sector: Recommends Major Legal Reforms
The Senate Standing Committee on Petroleum today uncovered significant governance failures within Pakistan’s energy and petroleum sector. Senator Manzoor Ahmad Kakar convened a sub-committee meeting…
US Warships Safely Transit Strait of Hormuz Amid Shaky Ceasefire
Two US Navy guided-missile destroyers successfully passed through the Strait of Hormuz today. Consequently, this marks the first transit of its kind since the recent…
Qatar LNG Crisis: Pakistan Freezes New Gas Connections Amid Supply Shock
The government has officially suspended all new RLNG connections across Pakistan. This moratorium will remain in effect until supply lines normalize. Currently, the country is…
First Pakistan-Bound Container Vessel MV SELEN Arrives at Karachi Port
Pakistan’s maritime trade has just achieved a significant milestone. The container vessel MV SELEN successfully berthed at Karachi Port. National Logistics Corporation (NLC) (AP Line)…
