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Israeli ministers propose mass removal of Palestinians from Gaza Nepra hikes electricity costs by Rs2.58 per unit Oil prices slide but set for weekly gain amid US-Iran conflict US and Allies Press IAEA to Report Iran to UNSC Power Division Introduces Reforms to Detection Billing System BESS Mandatory for Solar and Wind Projects in Pakistan Government Introduces Rule to Save Rs380 Million Annually Sindh Minister Reviews Plans to Expand Public Transport Services Finance Minister Announces Plans for Dollar-Settled Bonds Troy Parrott scores first goal as Real Betis beat Real Madrid US Consul General Strengthens Ties with Business Leaders in Hyderabad Sindh Planning Board Reviews KWSIP Progress Punjab Directs Digitalisation of Horticulture Revenue Collection Punjab sets new benchmarks in wildlife conservation PM Urges Strong, Effective UN in Promoting Global Peace and Security PIBF launches nationwide campaign against petroleum levy PAEC and PSO Sign Agreement for Efficient Fuel Supply Australian Housing Prices Decline, Sydney Leads the Fall US envoy plan to end Ukraine war announced Roland Launches Melody Flip for AI Music Creation Israeli ministers propose mass removal of Palestinians from Gaza Nepra hikes electricity costs by Rs2.58 per unit Oil prices slide but set for weekly gain amid US-Iran conflict US and Allies Press IAEA to Report Iran to UNSC Power Division Introduces Reforms to Detection Billing System BESS Mandatory for Solar and Wind Projects in Pakistan Government Introduces Rule to Save Rs380 Million Annually Sindh Minister Reviews Plans to Expand Public Transport Services Finance Minister Announces Plans for Dollar-Settled Bonds Troy Parrott scores first goal as Real Betis beat Real Madrid US Consul General Strengthens Ties with Business Leaders in Hyderabad Sindh Planning Board Reviews KWSIP Progress Punjab Directs Digitalisation of Horticulture Revenue Collection Punjab sets new benchmarks in wildlife conservation PM Urges Strong, Effective UN in Promoting Global Peace and Security PIBF launches nationwide campaign against petroleum levy PAEC and PSO Sign Agreement for Efficient Fuel Supply Australian Housing Prices Decline, Sydney Leads the Fall US envoy plan to end Ukraine war announced Roland Launches Melody Flip for AI Music Creation

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PSX experiences sharp decline amid Middle East tensions and oil prices surge

Pakistan Stock Exchange experiences sharp decline due to US-Iran conflict and oil price surge.

Sun News News Desk · Published 13 Jul 2026, 12:01 pm

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Stocks fell sharply in intraday trade on Monday, driven by renewed US-Iran hostilities, worsening Middle East tensions, and a jump in global oil prices.