Govt to absorb Rs49/litre oil price surge

[ ISLAMABAD: The government is expected to absorb the impact of an increase in oil prices of up to Rs49 per litre amid a sharp surge driven by tensions in the Gulf region. According to calculations, the price of high-speed diesel had increased by Rs49 per litre, while diesel prices had risen by Rs29 per … Read more

Reporter injured as Israeli strike hits near filming position

Blast throws debris and shrapnel into the air, forcing him to dive to the ground as the explosion unfolds Steve Sweeney reporting from the Qasmiya crossing seconds before an airstrike hits his location. PHOTO: SCREENGRAB A British journalist working for Russian state broadcaster RT has survived a near-fatal missile strike in southern Lebanon, after an … Read more

EU summit fails to rally Orban behind stalled Ukraine loan

Hungarian Prime Minister Viktor Orban speaks during his state-of-the-nation address in Budapest, Hungary, February 10, 2017. PHOTO: REUTERS/FILE BRUSSELS: EU leaders failed to persuade Hungary’s Viktor Orban to lift his block on a massive loan to support Ukraine’s war effort at summit talks on Thursday, leaving the much-needed funding in limbo. Moscow’s closest partner in … Read more

Energy prices drive SPI to 7.04% YoY

[ KARACHI: The Sensitive Price Indicator (SPI) jumped sharply by 7.04% year-on-year, primarily driven by higher fuel and utility costs despite some relief from falling food prices, amid the US-Israel illegal attacks on Iran. Data released by the Pakistan Bureau of Statistics showed that SPI-based inflation for the week ended March 18, 2026, remained elevated … Read more

Iran calls for regional coordination

. Iranian Foreign Minister Abbas Araghchi attends a press conference in Tehran on January 18, 2026. PHOTO: AFP DUBAI: Iran’s foreign minister called for vigilance and regional coordination in separate calls with counterparts in Turkey, Egypt and Pakistan as the military warned of a tougher response to any further attacks on its energy infrastructure, state … Read more