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High prices choke LNG demand

[ BANGKOK: LNG demand from China, India and Pakistan is likely to rebound from multi-year lows once the Middle East supply crunch ends and new supplies emerge, industry executives say, reversing a pick-up in coal and oil to replace gas during the US-Iran war. The conflict has prevented Qatar and the UAE from exporting most … Read more

More than 20 US senators introduce privileged resolution seeking report on West Bank violence

Seek State Dept report on deaths of American citizens in West Bank, human rights situation in territory View of the US Senate chamber on Capitol Hill in Washington, United States. PHOTO: Reuters More than 20 United States senators led by Jeanne Shaheen, Chris Van Hollen, Tim Kaine and Bernie Sanders introduced a privileged resolution Monday … Read more

New index reorders provincial race

[ KARACHI: Pakistan has never really assessed how much a provincial government has improved during its tenure; instead, provinces have generally been ranked against one another, a method that repeatedly puts Punjab on top regardless of which party is in power. A new Provincial Performance Scorecard (PPS-9), authored by Pakistan Institute of Development Economics (PIDE) … Read more

Oil slips on US stock build, Middle East disruptions limit losses

[ In FY24-25, the royalty collected from the oil and gas fields in Sindh was around Rs60 billion. PHOTO: FILE Oil prices fell on Wednesday, retreating after a two-day rally following an unexpectedly ‌large build in US crude inventories, while supply disruptions in the Middle East lingered. Brent crude futures fell 73 cents, or 0.67%, to … Read more

Ed Sheeran tour loses all opening acts after Macklemore exit

photo afp

Ed Sheeran’s opening acts withdraw from his tour after Macklemore was removed following his ‘Free Palestine’ comments All of Ed Sheeran’s opening acts have withdrawn from the remaining dates of his Loop tour following Macklemore’s removal from the trek after his public support for Palestine. Irish singer-songwriter Aaron Rowe was the first to announce his … Read more

Pakistan condemns Houthi attacks on Saudi Arabia at UN, calls for de-escalation

Envoy says Pakistan fully supports Saudi Arabia’s right to take necessary measures to defend its territory Pakistan’s Permanent Representative to the UN, Ambassador Asim Iftikhar Ahmad, speaks during a UN Security Council emergency meeting on Yemen. SCREENGRAB Pakistan’s Permanent Representative to the United Nations, Ambassador Asim Iftikhar Ahmad, condemned Houthi attacks on Saudi Arabia, calling … Read more