Global oil prices rose sharply on Friday following the seizure of a Russian oil tanker by French authorities in the Mediterranean Sea, intensifying supply concerns in the international energy market. The captured vessel, reportedly transporting crude from Russia, prompted immediate market reactions, with traders factoring in potential disruptions to global oil flows. Analysts say the […]
Image: PID Minister of State for Petroleum Musadik Malik has told the media that things are moving in the right direction and Pakistan is likely to receive the first Russian crude oil consignment this month. He said while talking to the businessmen, petroleum dealers and industrialists in Karachi that “Import of crude oil from Russia […]
The recent arrival of 350,000 tonnes of wheat in Karachi, Pakistan, imported from Russia and other countries, is an important development in the country’s ongoing efforts to stabilize its domestic food supply. Wheat is a staple food in Pakistan and plays a crucial role in the country’s agriculture sector. The large influx of wheat will […]
