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Electricity meter and power transmission lines representing higher August power bills
Business
Nepra sets 75 paisa FCA for August power bills

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday notified an additional burden of Rs9.8 billion on electricity consumers for the August billing period due to a fuel cost adjustment (FCA) of 75 paisa per unit. Th

Oil tanker moving through the Strait of Hormuz amid rising market tensions
Business
Oil Prices Jump as Iran Weighs Hormuz Vessel Ban

HOUSTON: Oil prices rose by more than $3 a barrel on Thursday on news that an Iranian parliament committee is reviewing a bill that would ban US and Israeli vessels from the Strait of Hormuz and fine violators up to a fifth of the value of