Iran war threatens a prolonged hit to global energy markets

The war with Iran could leave consumers and businesses worldwide facing weeks or months of higher fuel prices even if the week-old conflict ends quickly, as suppliers grapple with damaged facilities, disrupted logistics, and elevated risks to shipping. The outlook poses a wider global economic threat, as well as a political vulnerability for United States … Read more

PM Shehbaz reviews economic situation, directs petroleum supply measures

Prime Minister Shehbaz Sharif addresses the special of the federal cabinet in Islamabad, Pakistan, on March 4, 2025. Photo: PID/ File Prime Minister Shehbaz Sharif on Saturday chaired a meeting to review Pakistan’s economic situation amid ongoing global tensions. Officials briefed him on the impact of international developments on the country’s economy. According to a … Read more

KU shifts morning classes online as petrol crisis bites, NED on standby to follow

Fuel crisis forces Karachi universities to rethink in-person classes amid Ramazan A view of Karachi University. PHOTO: MOHAMAMD NOMAN/EXPRESS The University of Karachi has ended physical morning classes and shifted teaching online in view of students’ convenience during the third Ashra of Ramazan and possible transport problems arising from the increase in petroleum product prices. … Read more

US skips congressional review to approve munitions sale to Israel

US Secretary of State Marco Rubio determined an emergency existed that required an immediate sale to Israel US President Donald Trump listens to US Secretary of State Marco Rubio during a round table in the White House in Washington, DC. PHOTO: REUTERS WASHINGTON: The US State Department said ​on Friday it has approved a sale worth $151.8 … Read more

Pakistan Coast Guards, Navy seize $110m worth of drugs in Gwadar

Narcotics were hidden in Jiwani’s mountains for onward smuggling through sea routes The Pakistan Coast Guards and Pakistan Navy seized a large consignment of narcotics worth around $110 million during a joint operation in Gawadar on Saturday, March 7, 2026. ISLAMABAD: The Pakistan Coast Guards and Pakistan Navy seized a large consignment of narcotics worth … Read more

15 terrorists from TTP, BLA killed in two Balochistan operations: ISPR

Army says operations in Harnai and Basima targeted Indian-backed groups as ‘Ghazab Lil Haq’ enters ninth day Pakistan’s security forces killed at least 15 terrorists linked to the Tehreek-e-Taliban Pakistan (TTP) and the Balochistan Liberation Army (BLA) in two separate intelligence-based operations in Balochistan on Thursday, March 5, 2025, the military said on Saturday. In … Read more

Pakistani convicted of plotting to kill Trump over death of Iran commander

Pakistani national found guilty in US of planning Iran-directed assassinations of top politicians A Pakistani man was convicted on Friday of planning to kill President Donald Trump and other prominent US politicians two years ago at the behest of Iran, the Department of Justice said. Asif Merchant was accused of trying to recruit people in … Read more