The United States has partially lifted sanctions on Iranian oil in a bid to stabilize global energy markets amid the ongoing conflict with Iran, marking a significant shift in longstanding policy.
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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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Petrol prices stay unchanged as PM Shehbaz turns down Rs400 scenario
Islamabad, March 21, 2026 – Prime Minister Shehbaz Sharif has rejected a massive increase in fuel prices that could have pushed petrol close to Rs400 per litre, deciding instead to keep the rate unchanged at Rs321.17 per litre to provide relief ahead of Eid-ul-Fitr.
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PM Shehbaz reviews fuel plan as Middle East crisis deepens
Islamabad – Prime Minister Shehbaz Sharif on Thursday chaired a high-level meeting to assess the implementation of fuel conservation and austerity measures in light of the rapidly escalating situation in the Middle East.
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SBP reports record 3.4 billion transactions in Pakistan
Karachi, March 19, 2026 – The State Bank of Pakistan has reported a record 3.4 billion retail transactions for the quarter ended December 31, 2025, highlighting continued growth in digital payments and financial inclusion across the country.
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Pakistan strikes new oil and gas discovery amid global energy crisis
Karachi, March 19, 2026 – Pakistan has announced a significant new oil and gas discovery in Sindh, offering a potential boost to the country’s energy security at a time when global markets are under pressure due to rising geopolitical tensions.
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Gold Prices Crash in Pakistan – Biggest Ever Drop of Rs24,300
Karachi, March 19, 2026 – Gold prices in Pakistan recorded a historic fall on Thursday, dropping by Rs24,300 per tola, the largest single-day decline ever witnessed in the country’s bullion market. The sharp fall follows a global downturn in gold prices amid easing geopolitical tensions and market corrections.
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Deadly thunderstorm in Karachi leaves 17 dead, many injured
Karachi, March 19, 2026 – Reportedly, at least 17 people were killed and several others injured after a powerful thunderstorm, accompanied by heavy rain and strong winds, swept across Karachi on Wednesday night, triggering multiple incidents of structural collapse and urban disruption.
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PM Shehbaz orders emergency preparedness for fuel supply
Islamabad, March 17, 2026 – Prime Minister Shehbaz Sharif on Tuesday directed authorities to further strengthen Pakistan’s petroleum import supply chain, emphasizing preparedness amid evolving regional and global conditions.
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Senate told Pakistan imports 70% petrol via Strait of Hormuz
Islamabad, March 16, 2026 – Pakistan imports nearly 70 percent of its petrol through the Strait of Hormuz, making the country highly dependent on the strategic maritime route for fuel supplies, the Senate Standing Committee on Petroleum was informed on Monday.
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PM Shehbaz: Pakistan fully prepared for global tensions
Islamabad, March 16, 2026 – Prime Minister Muhammad Shehbaz Sharif on Monday affirmed that the government of Pakistan is fully prepared to handle any situation arising from ongoing global tensions, emphasizing that economic stability and public relief remain top priorities.
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