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Since the US‑Israel war with Iran began in late February, the world lost more than 2.6 billion barrels of oil, but prices have stayed in double digits.
Aug 10, 2026, 3:06 AM
Karachi consumers see wheat flour price climb as the federal government delays the wheat import tender, while provincial cabinets plan multi‑million‑tonne imports. Prices for 20‑kg flour rose to Rs2,700‑3,000, and 10‑kg wheat bag to Rs1,200, up from July 30 levels. Some traders warn the delay protects speculators.
Dawn
Goods carriers have parked in Karachi’s Mauripur port, stopping more than 400,000 vehicles and disrupting cargo flow to and from the city’s terminals. The nationwide strike, driven by a new daily fuel price policy and high withholding tax, threatens to halt industry production and jeopardise export commitments. Transporters demand a return to a monthly fuel price system and reduced tax.
Dawn
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The Pakistan Stock Exchange’s KSE‑100 index rose 5,336 points, a 3.03% weekly gain, as oil prices fell and optimism around external financing grew.
The Express Tribune
Jamaat‑i‑Islami has announced coordinated sit‑ins on August 16 in Lahore, Peshawar, Hyderabad, and Quetta to press the government to eliminate the petroleum levy and lower fuel prices.
Dawn
Pakistan’s main market slipped after traders reacted to worries that the Middle East conflict could widen, sending the KSE‑100 roughly 347 points lower on Friday.
The Express Tribune
Gold prices in Pakistan climbed another Rs5,100 per tola, pushing the day’s closing rate to Rs454,336. The gain matches a global surge that saw spot gold hit a seven‑week high, driven by U.S. payroll surprises and Middle East tensions.
The Express Tribune
The federal government lowered petrol and high‑speed diesel prices by Rs2.20 and Rs1.50 per litre for the next three days, fixing them at Rs327.62 and Rs380.86 respectively. The change follows a daily review system tied to global market rates.
The Express Tribune
The government announced a reduction of Rs2.20 per litre for petrol and Rs1.50 per litre for high‑speed diesel for a three‑day period. The new retail prices will be Rs327.62 for petrol and Rs380.86 for diesel.
Dawn
By 12 p.m. on Friday the KSE‑100 Index was down 450.05 points, or 0.25%, after a 771‑point slide early in the session. Trading volume reached 146.05 million shares with a value of Rs10.06 billion as investors reacted to rising crude prices and Strait of Hormuz concerns.
The Express Tribune
Pakistani political party Jamaat‑i‑Islam has announced 510 peaceful sit‑ins across the country to protest the petroleum levy, demanding the petrol price be cut to Rs225 per liter and threatening a shift to an anti‑government movement if blocked.
Dawn
Pakistani transport associations plan a nationwide road block beginning August 8 unless the government addresses their demands, which include monthly petroleum price reviews, toll tax relief, and stricter axle‑load enforcement.
The Express Tribune
Pakistan’s government announced a price cut for petrol and high‑speed diesel, effective 7 August. Petrol will now sell for Rs329.82 per litre, diesel for Rs382.36, after a week‑by‑week revision process.
Dawn
Gold prices in Pakistan fell by Rs500 per tola as global rates eased, according to a report released on August 4, 2026. The dip highlights the impact of international market movements on local commodity prices.
Google News - Pakistan
REVOO has unveiled its C35 Young electric scooter in Pakistan, priced at Rs235,000, according to Mettis Global.
Google News - Pakistan
Gold prices in Pakistan dropped Rs500 per tola, reported by Mettis Global on August 4, 2026.
Google News - Pakistan
The government cut the official petrol price by four rupees per liter after rising fuel costs were linked to Middle East tensions, effective across the country.
Google News - Pakistan
Pakistani shares rose over 2,100 points on Thursday, following easing in Middle East tensions and a drop in global oil prices.
Google News - Pakistan
