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Petrol and diesel prices cut in Pakistan for Sept 19-21
Business

Petrol and diesel prices cut in Pakistan for Sept 19-21

Pakistan has reduced petrol by Rs1.65 per litre to Rs389.14 and high-speed diesel by 88 paise to Rs424.04, with the revised rates effective from September 19 through September 21. The short-term adjustment follows easing international oil prices but comes amid continued volatility in global energy markets.

Pakistan Hit by Severe LNG Shortages as Hormuz Disruptions Deepen

Pakistan Hit by Severe LNG Shortages as Hormuz Disruptions Deepen

Pakistan is facing severe LNG supply pressure as disruption around the Strait of Hormuz exposes its heavy dependence on Gulf energy shipments. With Qatar and the UAE supplying roughly 99% of imported LNG, attention is turning to gas storage, long-term contracts and greater diversification of the country's energy mix.

Editorial Team18-Sep-26
Pakistan orders fresh austerity measures as fuel costs surge

Pakistan orders fresh austerity measures as fuel costs surge

Pakistan has introduced fresh austerity and energy-conservation measures, including a 50% reduction in fuel allocations for most official vehicles, restrictions on government spending and foreign travel, and commercial closing times of 9pm for markets and 11pm for restaurants. The measures follow rising international petroleum prices and growing concern over the economic impact of instability in the Middle East.

Editorial Team18-Sep-26
Karachi Port shipping connectivity hits record high in Q2 2026

Karachi Port shipping connectivity hits record high in Q2 2026

Karachi Port's liner shipping connectivity index climbed to a record 343.02 in the second quarter of 2026, up from 309.81 in the previous quarter. Pakistan's overall global liner shipping connectivity ranking also improved from 35th to 34th as authorities work to expand maritime trade links.

Editorial Team18-Sep-26
Six soldiers martyred, 10 militants killed in KP operations

Six soldiers martyred, 10 militants killed in KP operations

Six soldiers were martyred after an IED struck a security convoy during counterterrorism activity in Khyber Pakhtunkhwa, while 10 militants were killed in separate engagements in North Waziristan and Hangu. Clearance operations are continuing as authorities pursue remaining militant threats in the affected areas.

Editorial Team17-Sep-26
Petrol Cut by Re0.43 as Diesel Rises Rs3.47 for September 18

Petrol Cut by Re0.43 as Diesel Rises Rs3.47 for September 18

Pakistan has reduced petrol by 43 paisas per litre to Rs390.79 while increasing high-speed diesel by Rs3.47 to Rs424.92 for September 18. The revision comes under the daily fuel-pricing mechanism as international oil-market volatility continues to influence domestic rates.

Editorial Team17-Sep-26
Pakistan Cuts Official Fuel by 50% Under New Austerity Measures

Pakistan Cuts Official Fuel by 50% Under New Austerity Measures

Pakistan has imposed fresh nationwide austerity measures, including a 50% cut in fuel allocations for most official vehicles, restrictions on foreign travel and reductions in non-salary government spending. The measures take immediate effect as authorities seek to conserve fuel and control public expenditure amid elevated energy costs.

Editorial Team17-Sep-26
Maryam Nawaz Pays Rs27.19m for Official Plane Used on London Trip

Maryam Nawaz Pays Rs27.19m for Official Plane Used on London Trip

Punjab Chief Minister Maryam Nawaz has paid Rs27.19 million to the provincial treasury for using an official aircraft during a private London visit. The payment follows scrutiny over the trip and earlier assurances that she would personally bear the aircraft expenses.

Editorial Team17-Sep-26
LHC Dismisses Rizwan Petition, Directs Him to Face NCCIA Proceedings

LHC Dismisses Rizwan Petition, Directs Him to Face NCCIA Proceedings

The Lahore High Court has dismissed Muhammad Rizwan's challenge to cybercrime proceedings and directed him to respond to a show-cause notice and appear before investigators. The case has drawn widespread attention because of the cricketer's national profile, while no final finding of wrongdoing has been announced.

Editorial Team17-Sep-26
Oil Prices Fall as Saudi Supply Route Eases Middle East Fears

Oil Prices Fall as Saudi Supply Route Eases Middle East Fears

Oil prices declined after Saudi Arabia arranged additional crude shipments through Oman, easing immediate concerns over Middle East supply disruptions. The move could provide some relief to energy-importing economies, although continuing regional conflict and damaged infrastructure leave global fuel markets vulnerable to renewed volatility.

Editorial Team17-Sep-26
Aurangzeb Says Global Investor Interest in Pakistan Is Rebounding

Aurangzeb Says Global Investor Interest in Pakistan Is Rebounding

Finance Minister Muhammad Aurangzeb says international investor interest in Pakistan is recovering as fiscal, tax, energy and state-enterprise reforms continue. He linked improving confidence to progress under the IMF programme and a stronger credit profile while acknowledging continuing economic pressures from floods and regional instability.

Editorial Team17-Sep-26
Senate Panel Rejects PIMS Fire Probe, Orders Fresh Investigation

Senate Panel Rejects PIMS Fire Probe, Orders Fresh Investigation

A Senate committee has rejected the investigation into the deadly PIMS fire that killed 14 children and ordered a fresh inquiry, forensic examination and DNA testing. The decision adds to ongoing scrutiny of hospital safety and comes as authorities implement wider reforms and fire-prevention measures.

Editorial Team17-Sep-26
Rain Lashes Lahore, Floods Roads and Disrupts Power Supply

Rain Lashes Lahore, Floods Roads and Disrupts Power Supply

Rainfall across Lahore brought cooler conditions but also caused waterlogging, traffic congestion and electricity outages in several neighbourhoods. Heavy showers affected multiple major areas of the city, with authorities expected to monitor drainage and power restoration as conditions develop.

Editorial Team17-Sep-26