Petrol and high-speed diesel prices were increased by the government on Friday for the next three days, until July 20. Petrol was raised by Rs5.44 per litre, taking its price to Rs316.15. HSD was increased sharply by Rs31.05 per litre, pushing its price to Rs354.35. The revised petroleum prices were implemented with immediate effect, adding further pressure on transport costs, businesses and household budgets across Pakistan.

Oil prices were slightly lowered on Thursday as escalating US-Iran tensions and potential disruptions in the Strait of Hormuz were assessed by traders. Brent crude was reduced to $84.68 per barrel, while WTI was traded at $79.49. Both benchmarks remained near one-month highs. Further gains toward $90–$100 could be triggered if Gulf oil flows are repeatedly disrupted, analysts warned.

Most Gulf bourses ended higher on Tuesday as investors weighed upcoming corporate earnings, lower oil prices, and renewed U.S.-Iran tensions. Saudi Arabia’s benchmark index was increased by 0.4%, supported by a 3.1% rise in ACWA Power. Abu Dhabi’s index was lifted by 0.2%, while Dubai’s main share index was pushed up by 0.1% after du gained 2.2%. Qatar’s index was eased by 0.1%, with Qatar Islamic Bank losing 0.7%. Egypt’s blue-chip index was advanced by 1%, led by Commercial International Bank’s 2% gain.