Search Novexa News

Yemen’s oil wealth could ease a severe economic squeeze if exports resume, yet persistent security risks still cloud the country’s path back to

Oil price rises above 95 mark as Middle East conflict escalates Oil markets have tightened again as the price of Brent crude moved above $95 a barrel, returning to a level not seen for six weeks and reflecting fresh…

Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets…

With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil

The G7 nations will release 100 million barrels of oil and diesel to stabilize prices amid threats of a U.S. export ban, impacting global supply chains

September 13, 2026 As Pakistan faces a rapid deterioration of its external trade deficit due to sluggish export growth and increased import dependence, the country is increasingly worrying over the sustainability of its…

## Prime minister pushes faster export reforms Prime Minister Shehbaz Sharif has directed officials to move quickly on the approved Strategic Roadmap for Export Promotion, placing exports at the centre of the…

Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.

Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.

Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…

The FAO Food Price Index edged higher in July as disruption and difficult weather lifted wheat, sugar and vegetable-oil quotations.

Saudi Arabia temporarily halted operations on its East-West oil pipeline after reported drone strikes against parts of the route, adding a new layer of concern to regional energy security at a time when shipping routes…

Iran has warned that US-linked energy interests across the Gulf could be vulnerable if attacks on Iranian assets continue, deepening concern over shipping, oil supplies and the fragile security balance around the Strait…

Prime Minister Shehbaz Sharif has asked business leaders and industrialists for fresh proposals to strengthen Pakistan's exports, saying the country needs growth that is led by productive sectors rather than another…

Pakistan’s services exports continued their upward run in FY26, rising 18.81 per cent to $10.04 billion, according to official data compiled by the Pakistan Bureau of Statistics and reported by Dawn Business. The…

Prime Minister Shehbaz Sharif has endorsed a Rs3 billion risk pool intended to widen export-credit insurance for Pakistani small and medium-sized businesses.

Pakistani exporters argue that a managed exchange rate is making their goods less competitive, while policymakers point to currency stability benefits.

A new study finds that consumers who are paying a premium for foods advertised as made with avocado oil are probably not getting what they think they're

Pakistan has asked Samsung to look beyond the local market and consider the country as a manufacturing and export hub, even as tax changes have squeezed phone competitiveness.

Field Marshal Asim Munir reviewed production, export potential and modernisation at Pakistan Ordnance Factories in Wah, including two planned industrial plants.

Pakistan has asked Samsung to consider local manufacturing, refurbishment and exports from the country, with officials pitching the market as a gateway to regional supply chains.

Oil prices climbed sharply on Thursday after reports that an Iranian parliamentary committee is reviewing a proposal that could restrict US and Israeli vessels from the Strait of Hormuz. The move added fresh supply-risk…

U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.

Sindh's chief minister says most transporters' demands are close to resolution as industry groups warn that stalled cargo is hurting factories and exports.