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The IMF commends Pakistan for effectively managing the oil crisis while calling for urgent reforms in the gas sector to address rising circular debt

The Strait of Hormuz crisis is becoming an economic warning for Pakistan as fuel imports, LNG supplies, freight costs and inflation risks converge.

The confrontation between Iran and the United States has widened across military bases, oil tankers and Gulf shipping routes, raising the risk that a regional crisis could disrupt one of the world's most important…

Pakistan surpasses revenue targets while adjusting subsidy plans. A promising outlook gains IMF approval amidst economic pressures

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…

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…

Shehbaz Sharif and Nawaf Salam discuss Pakistan-Lebanon relations, ceasefire commitments and the widening Middle East security crisis.

Britain’s gas system is moving back to the centre of the policy debate after an official assessment warned that the country could face supply problems in the 2030s unless ministers act more aggressively to protect the…

Production at Rosebank, the UK's biggest undeveloped oil and gas field, could be delayed for months after equipment was accidentally dropped into the sea, as the government weighs granting a licence.

The Pakistan Stock Exchange saw a notable decline as investors capitalized on gains from the recent rally, amid rising oil prices and political uncertainty

BP placed its North Sea operation under review for a potential sale, arguing that another owner may be better positioned to invest in the mature UK portfolio.

Petrol pump owners in Pakistan have announced a nationwide strike starting Wednesday night after talks with the government over a daily petroleum pricing mechanism ended without agreement, according to a monitored…

PPP has held back support for two natural gas revenue bills as coalition grievances spill into the petroleum committee's legislative work.

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…

Oil price slides as us and iran pause fire cancer treatments were among the day’s key business themes in The Guardian Business live coverage, with markets reacting quickly to signs that the latest Middle East flare-up…

Pakistan expects Turkish Petroleum seismic vessels to arrive in the autumn as both countries advance a new phase of offshore oil and gas exploration.

Norway has praised Pakistan's mediation role between Washington and Tehran, reinforcing Islamabad's growing diplomatic profile in the conflict.

Prime Minister Andy Burnham has eliminated VAT on household electricity bills starting in October, funded by a controversial redirection of the abandoned digital ID programme’s budget for the current financial year

Military incidents involving Iran, the United States and Gulf states have renewed concern over regional security and the Strait of Hormuz.

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…

Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari has rejected India's attempt to link Pakistan with terrorism and has urged New Delhi to return to dialogue on outstanding issues between the two countries. ##…

Fifa says Gianni Infantino will remain president after a crisis meeting of senior executives in Rabat, easing immediate uncertainty around the organisation’s leadership. In a statement issued on Wednesday night, world…

Ishaq Dar urges coordinated OIC diplomacy to consolidate the Gaza ceasefire, expand humanitarian access and defend Palestinian rights.