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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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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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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Pakistan hikes petroleum prices sharply amid rising Gulf tensions
Islamabad, February 28, 2026: The government of Pakistan late Saturday night announced a significant increase in petroleum prices for the first fortnight of March 2026, citing escalating tensions in the Gulf region and the risk of a surge in international oil prices.
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PM Shehbaz condemns Gulf escalation, reaffirms Pakistan’s support
Islamabad, February 28, 2026 – Prime Minister Muhammad Shehbaz Sharif held separate telephone conversations with Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud of Saudi Arabia and President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates (UAE) this evening, strongly condemning the recent regional escalation in the Gulf.
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KSE-100 tanks 5,108 points last week; more shocks expected amid Middle East crisis
Karachi, February 28, 2026: The KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a steep weekly decline, shedding 5,108 points to close at 168,062 points for the week ending February 27, 2026. Analysts cite persistent selling pressure, geopolitical tensions, and cross-border uncertainties as key drivers behind the market slump.
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Bullion Blaze: Pakistan Gold Soars Rs10,000 Amid Middle East Crisis
Karachi, February 28, 2026: Gold prices in Pakistan recorded a sharp surge on Saturday, climbing by Rs10,000 per tola, as escalating geopolitical tensions fueled strong demand for the safe-haven asset, bullion market dealers said.
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