Business & Economy

Tehran: Iranian Oil Tankers Resume Exports as Strait of Hormuz Sees Movement Ahead of Peace Talks Iranian oil tankers have begun leaving the Strait of Hormuz despite a reported US naval blockade, according to tracking data, as Washington and Tehran prepare to enter key peace negotiations in Switzerland. Maritime monitoring reports suggest that vessel movement has resumed in limited form, …

Islamabad: The government has declined to disclose the exact amount of tax relief given to different sectors in the Finance Bill 2026–27, saying that discussions with the IMF are still ongoing and the budget measures are not yet finalised. The tax relief provided to high-income earners, along with the abolition and gradual reduction of super tax and cuts in tax …

Oil prices extended their losses on Tuesday as markets balanced expectations of supply resuming via the key Strait of Hormuz with weak physical demand signals and uncertainty over a preliminary deal aimed at ending the Iran war. By 04:36 GMT, oil prices were slightly lower, with Brent crude down 25 cents (0.3%) at $82.92 per barrel, while US West Texas …

The outgoing fiscal year was generally marked by economic stability, but the Gulf conflict toward the end of the year led to renewed concerns about rising inflation. The rupee remained largely stable throughout the year, while continued engagement with the IMF brought more certainty and discipline to the government’s fiscal management. Much of this stability was supported by the documented …