US allows Iranian oil sales amid talks on peace deal
Treasury says temporary 60-day general license authorising production, delivery, sale issued
SAMAA TV
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Treasury says temporary 60-day general license authorising production, delivery, sale issued
Baghdad says crude exports will return gradually as shipping through Strait of Hormuz becomes smoother
Redesigned bill will help consumers easily understand usage, payment details, billing status
Global crude prices drop sharply amid expectations Strait of Hormuz will reopen
International crude oil prices drop by more than 7%, US crude trades at around $80 per barrel
World has lost millions of barrels of oil and gas supply since war closed Strait of Hormuz
Notification keeps dealers’ margin unchanged while revising freight margins, duties and levy rates
US crude inventories fall by 7.2 million barrels to 426.5 million barrels in week ending June 5
Power tariff reduced under January-March 2026 quarterly adjustment
Brent oil gains further steam after sounds of explosions heard in Iran
Govt considers solar credit scheme for urban consumers
Petroleum levy on petrol climbs to Rs116.08 per litre, diesel levy reduced
Consumers to receive quarterly adjustment relief for three months, separate fuel cost to reflect in June bills
New industrial electricity tariff planned; high-consumption units could get cheaper power
Major allocations proposed for hydropower transmission, national grid expansion, power distribution
LPG price pushes 11.8kg domestic cylinder rate to Rs3,643.41
US crude futures rise $2.29 or 2.62% to $89.65 a barrel; Brent futures rise to $93.17 a barrel
Says major financial gains achieved through reforms in the energy sector.
Govt gives major relief to airlines as new jet fuel price falls to Rs283.52 per litre
Falling global oil prices may bring relief, but final decision will depend on govt revenue targets
Global sales drop 3.1% from a year earlier to 849,306 vehicles