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Latest in Business & Finance

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The departure hall at Islamabad International Airport.Pakistan / Business & Finance

Middle East tensions force cancellation of 92 flights across Pakistan

At least 92 inbound and outbound flights were cancelled at Pakistani airports as regional tensions disrupted Gulf routes, with Islamabad the worst hit.

Solar-powered street lights in Gwadar, Pakistan.Pakistan / Business & Finance

Rooftop solar boom shields Pakistan from Hormuz oil shock, study says

A study says Pakistan's rooftop solar boom has avoided more than $12 billion in oil and gas imports since 2018, cushioning it from Strait of Hormuz disruptions.

An LNG carrier at sea with its four spherical Moss-type cargo tanks visible above deck.Pakistan / Business & Finance

Pakistan's LNG imports to run out after 14 April, Senate panel told

A Senate petroleum panel was told LNG imports from Qatar have been suspended since 2 March and that no LNG will be available in Pakistan after 14 April.

Fuel pumps and a canopy at a Pakistan State Oil petrol and CNG station in Hyderabad, with a car parked at the forecourt.Pakistan / Business & Finance

Pakistan raises kerosene by Rs40 a litre while freezing petrol and diesel prices

The government raised kerosene by Rs40 per litre to Rs358 while keeping petrol and high-speed diesel unchanged, approving Rs23bn in subsidies to oil marketers.

Portrait of Pakistani Prime Minister Shehbaz Sharif in a grey suit and polka-dot tie.Pakistan / Business & Finance

PM Shehbaz approves 5-30% salary cuts for state-owned enterprise staff

Prime Minister Shehbaz Sharif approved 5% to 30% salary cuts for state-owned enterprise employees as Pakistan's austerity drive responds to the war-driven fuel crisis.

A Pakistan State Oil petrol and CNG station in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan freezes fuel prices and bans petroleum exports as oil surges

Petrol and diesel prices stayed unchanged on 13 March 2026 as Islamabad banned petroleum exports and readied a Rs389 billion emergency fund to absorb higher global oil costs.

The International Monetary Fund headquarters building at 700 19th Street Northwest in Washington, D.C.Pakistan / Business & Finance

IMF, Pakistan talks on $7bn facility continue after staff-level agreement slips

The IMF’s 11 March end-of-mission statement said its team could not reach a staff-level agreement on Pakistan’s third EFF review despite progress, with talks to resume.

A Pakistan State Oil petrol and CNG station photographed in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan fuel depots run dry as minister rules out further price rises

Tanker drivers queued for days at depots near Lahore as Pakistan State Oil said its stocks covered more than 20 days and the minister ruled out a further price rise.

The State Bank of Pakistan building photographed on a sunny dayPakistan / Business & Finance

SBP holds policy rate at 10.5pc as Middle East war clouds FY26 outlook

Pakistan's central bank held its policy rate at 10.5 per cent as the Middle East war raised oil prices and inflation risks, pausing its two-year easing cycle.

A tanker ship at Port Qasim near Karachi, photographed in June 2021Pakistan / Business & Finance

Four fuel-laden ships reach Pakistan as war disrupts Gulf oil shipping

Four tankers carrying petrol and diesel reached Pakistan and more were due to berth, easing shortage fears as the Strait of Hormuz crisis disrupted oil imports in March 2026.

Prime Minister Shehbaz Sharif of Pakistan photographed in November 2024.Pakistan / Business & Finance

PM Shehbaz unveils austerity plan as oil shock hits Pakistan

Prime Minister Shehbaz Sharif announced a 14-point austerity and energy-conservation plan on 9 March 2026, cutting government fuel use and moving offices to a four-day week.

Oil pipelines and storage infrastructure at Saudi Aramco's Jubail facility in Saudi Arabia.Pakistan / Business & Finance

Pakistan asks Saudi Arabia to expand oil facility and roll over $5bn

Pakistan has asked Saudi Arabia to raise its deferred-payment oil facility to $5bn and convert a $5bn State Bank deposit into a 10-year facility, Geo News reported.