Oil Prices Jump on Energy Supply Worries
[Oil prices jumped and stock futures fell slightly on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
Bayern edge Elversberg in Bundesliga
Harry Kane struck in the 72nd minute. Photo: AFP BERLIN: Harry Kane scored his first goal of the season to help Bayern Munich edge to a 2-1 win at promoted Elversberg in the Bundesliga on Sunday. Handed the captain’s armband with skipper Manuel Neuer rested, Kane scored with 18 minutes remaining to break a 1-1 … Read more
PSG earn first Ligue 1 win of the season
PARIS: Ferran Torres was on target as champions Paris Saint-Germain finally got their Ligue 1 campaign up and running with a 1-0 win at Brest on Sunday. Prior to their trip to Brittany, Luis Enrique’s double Champions League-winning side had managed just two points from their opening three matches in an uncharacteristically sluggish start to … Read more
Buy forest’s services, not its timber
[ K-P policy, laws and management plans must be revised to value non-timber benefits ISLAMABAD: With a view to compensating private forest owners, a comprehensive strategy has to be devised and implemented. The existing forest policies, laws, management plans and strategies are based on timber harvesting, and foresters are trained in how to grow forests … Read more
Red tape is as costly as tariffs
[ Modern customs administration does not attempt to examine everything. PHOTO: FILE ISLAMABAD: The government’s recent decision to establish a Trade Facilitation Board under the chairmanship of the prime minister is an important step towards putting export-led growth at the centre of Pakistan’s sustainable economic strategy. The high-level board is expected to address regulatory issues … Read more
Zverev seals US Open title
The top seed beats Shelton 6-3, 7-6 (7/2), 5-7, 6-2 to complete a Grand Slam-winning season Germany’s Alexander Zverev celebrates with the trophy after winning the men’s singles final against Ben Shelton of the US. Photo: AFP NEW YORK: Alexander Zverev held off Ben Shelton to win the US Open on Sunday, capturing the second … Read more
Israel raises naval readiness as Houthis gain ground near Bab el-Mandeb: report
Security establishment fears growing Houthi control could threaten shipping through strategic Red Sea chokepoint Israel has stepped up the readiness of its naval forces amid growing concern over advances by Yemen’s Houthi group near the strategic Bab el-Mandeb Strait, the Israeli newspaper Yedioth Ahronoth reported Sunday. The daily said Israel’s security establishment is closely monitoring … Read more
Oil prices up over 3% following new strikes on Saudi, Strait of Hormuz
[ Brent crude futures rose $3.21, or 3.1%, to $107.82 as of 0840 PKT. WTI futures gained $3.17, or 3.2%, to $103.22 The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices rose more than 3% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on … Read more
Diplomacy stumbles with postponement of meeting on Strait of Hormuz proposal
Houthi advance along the Red Sea coast is part of the biggest eruption of fighting in Yemen in years Vessels at the Strait of Hormuz, as seen from Musandam, Oman, September 6, 2026. PHOTO: REUTERS Middle East diplomacy appeared to falter heading into Monday with the postponement of a meeting between Iran and other Persian … Read more
Energy riches but poor masses of Sindh
[ Development strategy needs a reset to provide benefits of oil, gas discoveries to all In FY24-25, the royalty collected from the oil and gas fields in Sindh was around Rs60 billion. PHOTO: FILE ISLAMABAD: Sindh is geographically 29% larger than South Korea. However, its economy with GDP of around $135 billion is at least … Read more