Saudi pledges oil support to Pakistan via Yanbu
MG News | March 04, 2026 at 02:45 PM GMT+05:00
March 04, 2026 (MLN): Saudi Arabia has assured Pakistan of full support in securing an alternative oil supply route through the Yanbu Port.
During a meeting with Saudi Ambassador Nawaf bin Saeed
Al-Maliki, Minister for Petroleum Ali Pervaiz Malik expressed hope that
Pakistan would be given priority in crude oil supplies from the port.
The minister said Saudi sources have assured the security
of supply and confirmed that a ship from Pakistan will be dispatched to Yanbu
for crude oil. He also expressed gratitude for Saudi Arabia’s support.
Ali Pervaiz Malik emphasized that the government is
making efforts to ensure the continuity of the energy supply chain for the
people, according to Radio Pakistan.
The Saudi Ambassador assured that full cooperation would continue in case of any emergency and stated that Pakistan and Saudi Arabia will stand by each other during times of trial.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 155,777.21 362.16M | -0.86% -1354.88 |
| ALLSHR | 92,994.52 618.17M | -0.61% -572.34 |
| KSE30 | 47,890.76 137.48M | -0.85% -412.22 |
| KMI30 | 220,015.06 115.60M | -0.35% -783.45 |
| KMIALLSHR | 59,910.72 260.41M | -0.13% -77.81 |
| BKTi | 45,388.60 42.55M | -1.74% -804.48 |
| OGTi | 30,631.34 29.10M | 1.45% 438.24 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 71,705.00 | 72,235.00 67,615.00 | 3240.00 4.73% |
| BRENT CRUDE | 82.68 | 84.48 81.28 | 1.28 1.57% |
| RICHARDS BAY COAL MONTHLY | 99.40 | 0.00 0.00 | -17.10 -14.68% |
| ROTTERDAM COAL MONTHLY | 124.00 | 124.00 124.00 | -4.00 -3.13% |
| USD RBD PALM OLEIN | 1,083.50 | 1,083.50 1,083.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 75.27 | 77.23 74.37 | 0.71 0.95% |
| SUGAR #11 WORLD | 14.00 | 14.06 13.93 | 0.07 0.50% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Trade Balance