Energy shock looms as Gulf conflict rattles oil trade

OCAC urged the Special Investment Facilitation Council to intervene and recommend the withdrawal of petroleum and climate support levies on furnace oil, which would help restore policy consistency and support critical sectors. PHOTO: FILE LONDON: International energy markets are bracing for severe turbulence following coordinated United States and Israeli air strikes on Iran and retaliatory … Read more

PM chairs security moot,orders repatriation of pakistanis in iran via azerbaijan

Says the people and armed forces of Pakistan are always ready to protect the country’s security and sovereignty Prime Minister Shehbaz Sharif chairing a meeting. Photo: APP/ File Prime Minister Shehbaz Sharif on Saturday directed the Ministry of Foreign Affairs to liaise with the Azerbaijani government to safely evacuate Pakistanis from Iran as tensions in … Read more

Two arrested in’police encounter’

. HARIPUR: Police arrest two suspects injured during an exchange of fire. When caught in a police encounter near a graveyard, one of the riders lost control of his motorcycle and fell. Getting up, he began firing at the police while running. As the police fired in retaliation, another two motorcycle riders fell down injured. … Read more

Democratic lawmakers slam Trump for strikes on Iran

A plume of smoke rises following a reported explosion in Tehran. PHOTO: AFP Multiple Democratic lawmakers on Saturday slammed President Donald Trump for launching massive military strikes against Iran without Congress war power authorisation, saying the operation raises “serious legal and constitutional concerns”. “By the president’s own words, ‘American heroes may be lost,’” said Democratic … Read more