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Oil prices edged up slightly in early Asian trading on Friday, maintaining their strong weekly gains. Investors remain cautious as tensions in the Middle East raise concerns over potential crude flow disruptions, despite the global oil market being well-supplied. Market Update: Oil Prices Inch Up Brent crude futures rose by 9 cents, or 0.12%, reaching $77.71 per barrel at 0010 …

The government has approved an additional Rs45 billion budget for the armed forces to enhance their capacity, particularly to secure Chinese interests and manage border fencing. This decision was made during the Economic Coordination Committee (ECC) meeting chaired by Finance Minister Muhammad Aurangzeb. Strengthening Defence and Border Management Out of the Rs45 billion budget, Rs35.4 billion will be allocated to …

Oil Prices Surge Amid Middle East Tensions and Supply Concerns Oil Prices Rise on Supply Fears On Thursday, oil prices  surge  as investors became increasingly concerned that the intensifying conflict in the Middle East could severely disrupt the flow of crude oil from the region. By 11:36 a.m. EDT, Brent crude futures surged $2.82 (3.82%), reaching $76.72 per barrel, while …