Islamabad, March 4, 2026 – Pakistan is exploring alternative oil supply routes via Saudi Arabia’s Yanbu Port on the Red Sea, bypassing the Strait of Hormuz, amid escalating tensions in the Middle East affecting global energy flows.
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Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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OGDCL uncovers major oil and gas find in Khyber Pakhtunkhwa, Pakistan
Karachi, March 4, 2026 – The Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in Pakistan’s Khyber Pakhtunkhwa (KP) province, marking a major boost for the country’s indigenous energy resources.
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Pakistan passes Virtual Assets Bill 2026, legalizes cryptocurrency nationwide
Islamabad, March 3, 2026 – In a landmark move for the country’s financial sector, Pakistan’s National Assembly on Tuesday passed the Virtual Assets Bill, 2026, officially legalizing cryptocurrencies and establishing a regulatory framework for digital assets. The legislation, introduced by Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry, had already been approved by the Senate earlier this year.
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PM Shehbaz hails digital banking boom: 127 million Pakistanis go cashless
Islamabad, March 3, 2026 – During a review meeting chaired by Prime Minister Muhammad Shehbaz Sharif on Tuesday, officials reported that the number of individuals benefiting from digital banking in Pakistan has surpassed 127 million.
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PM Shehbaz forms high-level committee to monitor global oil prices amid Middle East conflict
Islamabad, March 2, 2026 – Prime Minister Shehbaz Sharif has constituted an 18-member high-level committee to monitor the impact of rising international oil prices on Pakistan’s economy following the US-Israel attack on Iran.
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Pakistan’s trade deficit balloons 25% in first eight months of FY26
Islamabad, March 2, 2026 – Pakistan’s trade deficit surged by 25% to $25.04 billion during the first eight months (July–February) of fiscal year 2025-26, compared to $20 billion in the same period last year, official data revealed on Monday.
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FBR may implement contingency plan to meet FY26 revenue target
Islamabad, March 2, 2026 – The Federal Board of Revenue (FBR) is considering a contingency plan to achieve its revenue collection target for the fiscal year 2025-26, after missing its assigned target for the first eight months of the year, sources confirmed.
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KSE-100 Index collapses nearly 10%, panic selling sparks market bloodbath Monday
Karachi, March 2, 2026 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) suffered a historic crash on Monday, plunging by over 16,000 points in a single trading session, as escalating war tensions in the Middle East and Gulf region triggered widespread panic selling.
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PM Shehbaz chairs high-level meeting to review regional security
Islamabad, March 1, 2026: Prime Minister Muhammad Shehbaz Sharif on Sunday chaired a high-level meeting to review the evolving regional situation, Pakistan’s internal security environment, and measures to ensure the safe evacuation of Pakistani citizens from Iran amid rising tensions in the region.
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At least nine killed in violent clashes at US Consulate in Karachi
Karachi, March 1, 2026: At least nine people were killed and more than 18 others injured on Sunday after violent clashes erupted between police and protesters outside the United States Consulate in Karachi, following demonstrations against recent US and Israeli strikes that reportedly martyred Iran’s Supreme Leader, Ayatollah Ali Khamenei.
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