Pakistan’s inflation rate surged to 11.7 percent in May 2026, reaching its highest level in 22 months and raising concerns about the country’s economic outlook. According to data released by the Pakistan Bureau of Statistics (PBS), headline Consumer Price Index (CPI) inflation increased from 10.9 percent in April to 11.7 percent in May on a…
Global oil prices surged sharply as Brent Crude climbed above $107 per barrel following a fresh setback in peace talks between the United States and Iran. The rise reflects growing uncertainty in global energy markets driven by escalating geopolitical tensions. WTI Crude also recorded a significant increase, highlighting the broader impact on international oil benchmarks….
Global tensions between Iran and United States have sharply escalated once again, raising fears of a renewed conflict that could have far-reaching consequences for global energy markets and geopolitical stability. US President Donald Trump has warned that the current ceasefire between the two countries may collapse within days if a long-term agreement is not finalised….
The Government of Pakistan is considering implementing a smart lockdown strategy as part of its efforts to address the ongoing fuel and energy crisis. The proposed approach aims to reduce fuel consumption through targeted measures while avoiding a complete shutdown of daily activities. Unlike strict nationwide lockdowns, a smart lockdown focuses on limited and strategic…
