Closure of Strait of Hormuz May Trigger Devastating Global Oil Market Impact | Nadeem Malik Live

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Iran says oil will reach $200 a barrel, warns of ‘continuous strikes’.
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Germany temporarily relocates foreign missions in Tehran, Iraq
Key to preventing further escalation lies in the US, Israel halting operations, says Chinese FM.
Explosion heard in Iranian capital: AFP journalist.
Shell declares force majeure to clients who buy Qatari LNG, sources say.
Vessels intending to cross Strait of Hormuz must obtain permission from Iran: IRGC Navy commander
Iranian sports minister says country cannot take part in World Cup
Dutch airline KLM cancels flights to Dubai until March 28
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Japan to release oil reserves as early as Monday
Iran says oil will reach $200 a barrel, warns of ‘continuous strikes’
Oil jumps, stocks drop as war prolongs market volatility
White House area shut down after van breaches security barricade
France says 20,000 citizens repatriated from Middle East
Around 900 Iranians, alongside other foreign nationals, have crossed into Pakistan: report

Pakistan will support Saudi Arabia 'whenever needed': PM aide on Middle East tensions. "Unquestionable that Islamabad will come to Riyadh's aid", says Mosharraf Zaidi. Pakistan will assist KSA "no matter what and no matter when". Riyadh has made arrangements for supply of oil, diesel: PM's spox. Zaidi stresses principle between countries for backing each other

Nahid Rana takes 5 wickets as Bangladesh crush Pakistan in ODI opener


Pakistan begins importing oil via Red Sea route after Strait of Hormuz closure: sources. PNSC vessel carrying 73,000 tonnes of crude oil set to depart from Saudi Arabia for Karachi tomorrow. PNSC vessel reaches Yanbu port in Saudi Arabia. Another vessel managed to load oil from Fujairah port. Two PNSC ships currently stranded near Karachi

'Real energy dominance': Trump unveils US refinery backed by 'historic deal' with India. Refinery will be built at Brownsville port, will offset $300bn in trade deficit with India, announces US startup.Indian company to buy products the refinery will produce. America First plans to break ground in this year's second quarter. Analysts sceptical about need for a new refinery on Gulf Coast

PSX reverses early rally, ends lower as oil prices jump. Benchmark KSE-100 index falls to 155,858.47 points after losing 318.65 points or -0.2%,Market witnesses high of 158,624.51 points. It went as low as 155,652.35 points. Oil price reversal reason behind PSX fall

IMF questions govt's plan to raise revenue after super tax abolition, salary tax cuts. Sources say tax rates for higher income slabs in salaried class might be reduced. Govt decides to request IMF for abolishing Super Tax. Lender questions how next fiscal year target will be materialised. IMF to hold talks with govt to finalise the budget 2026-27.

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