Prime Minister Imran Khan’s relief package on petroleum products and electricity has come at the most difficult moment.... This is making the domestic oil industry nervous at a time when it was already suffering from financial challenges.... Imagine that the market leader and state-run Pakistan State Oil( PSO) is sitting on a heap of almost Rs500 billion receivables and yet it has to go an extra mile to scale up imports beyond its normal responsibility....

risks globally and the latest uncertainty stemming from the EU’s Russian ships insurance ban are set to

East, and uncertainties in the global risk environment make the international outlook a troubled one

CHICAGO: Airlines are bracing for a fresh round of volatility due to the Omicron variant of Covid

sharp ” and could hurt companies’ business plans, offering his strongest warning to date of the risks

alternatives.... “ There may be some spike, some volatility in the meantime.... WTI’s prompt

volatility as Federal Reserve tapering, the possibility of higher taxes, margin pressures and persistent

PETALING JAYA: The ringgit is expected to remain volatile against the US dollar as the Russia

Although floods cannot be prevented, proper growth and operative research could significantly diminish their adverse effects.... Over time, climate change has made the monsoon system’s fluctuations more drastic in the Indian Ocean World, creating more significant and devastating storms in South Asia.... Rising temperatures and shifting monsoons could permanently eliminate the viability of certain crops....

NEW YORK: Oil prices rebounded from two days of losses in a volatile session on Thursday, bolstered