Samiullah Tariq

LONDON, April 13 - The price of physical crude oil cargoes for prompt delivery to Europe hit a record high near $150 a barrel on Monday and those for Africa hit new peaks, according to LSEG data and traders.

Refineries are asked by govt to produce 23k tons diesel daily while consumption is half (so far) -where would these to be stored? Who is making money - Oil Marketing Companies selling March's cheap inventory at April's higher prices while not fully picking fresh supply

As per sources, petrol & diesel daily consumption (in tons) in April (so far) down to 15K & 11K respectively from 22k & 19K in March & 22k each in last April HSD is at half YoY Reasons 1. Demand decline due to price hike 2. inventories of March (hoarding) being consumed

Topline Auto Alert (Apr 13, 2026) As reported by PAMA, Pakistan car sales surged 40% YoY while down 9% MoM in Mar 2026 to 15,531 units. This brings 9MFY26 cumulative sales to 144,029 units, up 43% YoY. Meanwhile, 2/3-wheeler sales up 31% YoY and 4% MoM in Mar 2026 to 166,633 units. Cumulative 2/3-wheeler sales for 9MFY26 reached 1.4mn units, up 31% YoY. Regards Topline Research

Pakistan’s foreign policy handling has been better than expected. It has stayed relevant without becoming reckless, visible without becoming partisan, and engaged without fully surrendering its room for manoeuvre. In a polarized region, that is not nothing brecorder.com/news/40416045

Lahore is facing 6 hours (or more) of load shedding - Gas (RLNG) is unavailable while FO is short (and expensive). Abhi to ACs ka laod bhi nahi aya

The war in the Middle East is choking LNG supply to Asia 🚢⚠️ Deliveries to Asia fell the the lowest level since 2020, when the Covid pandemic crashed demand Not a single LNG shipment has gone through Hormuz since the war began over a month ago (throttling 20% of LNG supply)

I genuinely don’t understand how any reasonable person can interpret the failure of the U.S. and Iran to reach a deal in Islamabad as a failure of Pakistani diplomacy. Consider what Pakistan achieved: 1. It got U.S. and Iranian negotiators in the same room at the highest level in 47 years. 2. It received public appreciation for its role from both warring parties. 3. It maintained the trust and tacit support of China and Saudi Arabia, important players in this drama. 4. It earned the goodwill of scores of nations that would like this conflict to end sooner rather than later. Is Pakistan worse off than it would have been if the U.S. and Iran had thrashed out an agreement? Yes, obviously. The Pakistani economy is fragile and particularly dependent on both energy imports and remittances from the Gulf. And if Saudi Arabia is drawn into the war Pakistan could be forced to honor its defense pact with the Kingdom, which could trigger widespread domestic unrest. But accepting that a deal is better than no deal for Pakistan (and many other countries) is not the same as claiming that the summit was a failure from Pakistan’s perspective. It most clearly was not. Pakistan has emerged, at least for now, as a prominent diplomatic actor on the world stage, and as the recipient of much international goodwill. I’m not sure how anyone can claim otherwise.

Two empty crude tankers aborted an attempt to go through the Strait of Hormuz, just as peace negotiations between the US and Iran broke down 🚢 👀 The Agios Fanourios I (white) and Shalamar (blue) u-turned at the mouth of the Hormuz. Mombasa B (red) managed to sail through

#BREAKING: Witkoff, Kushner, and the US technical team have left Islamabad arab.news/rbqtg - CBS

Wittkoff and Kushner still in Islamabad to continue talks

لاہور میں گیس کی لوڈ شی نگ کے بعد بجلی کی لوڈ شیڈنگ بھی شروع، شہری پریشان

6 million barrels made it out of Hormuz yesterday #Iran #US #war

لاہور میں لیسکو کا شارٹ فال 850 میگاواٹ سے تجاوز کر گیا، ذرائع این ٹی ڈی سی

The kingdom’s production was also impacted by 600kbd… 300k has been restored from Manifa and still 300k is impacted in Khurais. #OOTT

Recovery of capacity from Saudi Arabia’s east west pipeline which bypasses the Strait of Hormuz. The pipeline’s throughput was down 700k due to attacks, now it’s restored. #OOTT #SaudiaArabia

VIDEO COLUMN (2): The Hormuz question. What's happening in the world's most important oil and LNG chokepoint? Let me explain the situation in the strait, and how its shipping lines (and status) are changing, perhaps for ever. @Opinion #Hormuz #IranWar‌

🚨Pakistani military force arrived at King Abdulaziz Air Base as part of a strategic defense pact between the two countries • The Pakistani force comprises air force fighter jets and support aircraft bloomberg.com/news/articles/…

US Vice President JD Vance arrived in Pakistan on Saturday for talks with Iran aimed at cementing a lasting resolution to a six-week conflict after a fragile ceasefire took hold several days ago bloomberg.com/news/articles/…

Pakistan listed pharmaceutical sector achieved an all-time high profitability reaching Rs42.1bn up by 78% YoY in 2025. This record high performance was driven by a price led growth in revenue amid drug deregulation, lower API cost, and declining finance cost.