Oil slides on Iran supply prospects as traders wait on Warsh
Tumbling crude prices on news that Iranian fuel may soon hit global markets promised inflation relief and pushed bond yields lower on Wednesday, while stocks and currencies were quieter ahead of Kevin Warsh’s debut meeting as Federal Reserve chair. Brent crude futures dived below $80 to the lowest since the opening salvos of the US-Iran […]
DPM Dar says Pakistan facilitating repatriation of 30 Iranian nationals
Deputy Prime Minister and Foreign Minister Ishaq Dar said that Pakistan is facilitating the repatriation of 30 Iranian nationals who are expected to transit through Karachi in the “coming days”. “Pakistan is pleased to facilitate the repatriation of 30 Iranian nationals,” DPM Dar posted on X. https://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-7369466212570555&output=html&h=280&slotname=8075379877&adk=1227072205&adf=3006478176&pi=t.ma~as.8075379877&abgtt=6&w=336&lmt=1781684985&format=336×280&url=https%3A%2F%2Fwww.geo.tv%2Flatest%2F669091-dpm-dar-says-pakistan-facilitating-repatriation-of-30-iranian-nationals&uach=WyJXaW5kb3dzIiwiMTAuMC4wIiwieDg2IiwiIiwiMTQ4LjAuNzc3OC4xNzkiLG51bGwsMCxudWxsLCI2NCIsW1siQ2hyb21pdW0iLCIxNDguMC43Nzc4LjE3OSJdLFsiR29vZ2xlIENocm9tZSIsIjE0OC4wLjc3NzguMTc5Il0sWyJOb3QvQSlCcmFuZCIsIjk5LjAuMC4wIl1dLDBd&dt=1781684985041&bpp=117&bdt=383&idt=429&shv=r20260611&mjsv=m202606120101&ptt=9&saldr=aa&abxe=1&cookie=ID%3D12125059e5317604%3AT%3D1778400485%3ART%3D1781684843%3AS%3DALNI_MawFeKY3aFs2hFMEw1XvrZla2pGCw&gpic=UID%3D00001378d366e778%3AT%3D1778400485%3ART%3D1781684843%3AS%3DALNI_MbcZBtSvdVy5MbZLyQ1kVE6d2G_gA&eo_id_str=ID%3Deb3821d76a064ee1%3AT%3D1778400485%3ART%3D1781684843%3AS%3DAA-AfjaivUcZHRhKyurwDczBgpFr&prev_fmts=0x0&nras=1&correlator=5275445605673&frm=20&pv=1&u_tz=300&u_his=1&u_h=900&u_w=1600&u_ah=860&u_aw=1600&u_cd=32&u_sd=1&dmc=8&adx=435&ady=1022&biw=1585&bih=773&scr_x=0&scr_y=0&eid=31099150%2C95390278%2C95393485%2C95340252%2C95340254&oid=2&pvsid=4851277995179611&tmod=1587692669&uas=0&nvt=1&ref=https%3A%2F%2Fwww.geo.tv%2F&fc=1920&brdim=0%2C0%2C0%2C0%2C1600%2C0%2C0%2C0%2C1600%2C773&vis=1&rsz=m%7C%7CeEbr%7C&abl=CS&pfx=0&fu=0&bc=31&bz=0&ifi=2&uci=a!2&btvi=1&fsb=1&dtd=454 “This includes 8 Iranian fishermen rescued at sea […]
Iranian tankers exit US blockade zone ahead of peace talks
The first tankers carrying Iranian oil exited a US blockade in the Strait of Hormuz, a tracking website said on Wednesday, two days before Washington and Tehran launch talks on an agreed peace deal still scant on details including Iran’s nuclear programme and the lifting of sanctions. The talks on a final settlement are set […]
UK deepens joint migration efforts and marks Pakistan’s role in brokering US-Iran peace deal on two-day Ministerial visit
ISLAMABAD : UK deepens joint migration efforts and marks Pakistan’s role in brokering US-Iran peace deal on two-day Ministerial visit Middle East Minister Hamish Falconer uses a visit to Islamabad to thank Pakistan for their leadership in brokering the US-Iran peace deal. Visit underlines longstanding UK support for stability in the Middle East and for […]
Ethiopia and Pakistan Establish Joint Rectors’ Forum to Advance Academic Cooperation
ISLAMABAD : Under the facilitation of OIC’s Standing Committee on Science and technology (OIC- COMSTECH), the Federal Democratic Republic of Ethiopia (FDRE) and the Islamic Republic of Pakistan have formed a Joint Rectors’ Forum comprising ten premier institutions, five from each nation, to boost academic, scientific, and technological collaboration.The initiative was officially announced during the […]
Iran says US accord to cover Lebanon ceasefire, wider region
TEHRAN: Iran said on Monday that a breakthrough tentative agreement with the United States includes a comprehensive ceasefire across all regional fronts, including Lebanon, ahead of a formal signing ceremony scheduled to take place in Switzerland on Friday. Foreign Ministry Spokesman Esmaeil Bagaei told a news conference on Monday that “significant progress” had been achieved […]
Most stocks rise, oil flat following peace deal-fuelled rally
New York : Equities mostly rose Tuesday and oil prices held losses following the previous day’s euphoric rally sparked by the US-Iran peace deal that will reopen the crucial Strait of Hormuz. Eyes are now on developments ahead of Friday’s signing ceremony in Switzerland, which will bring an end to more than three months of […]
PSX extends rally as SBP policy rate hold, oil losses lift sentiment
The equity market traded higher on Tuesday as investors extended the previous session’s rally after the State Bank of Pakistan (SBP) held the policy rate unchanged, while falling global oil prices and optimism over a US-Iran interim peace deal further lifted sentiment. During the session, Pakistan Stock Exchange’s benchmark KSE-100 Index climbed to an intraday […]
Govt eyes more global bond issues, sees budget upside from Iran deal
ISLAMABAD: Pakistan could improve economic projections for 2027 after the end of the US war on Iran, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the US and Iran signed a deal to end the fighting. Damaged energy infrastructure meant supply chains would take time to […]
Romanian-Pakistani relations continue to deepen, sustained by an ongoing political dialogue
Islamabad : Romanian-Pakistani relations continue to deepen, sustained by an ongoing political dialogue, while Pakistan plays an increasingly significant role as a mediator in the geopolitical landscape of the Middle East. Romanian Foreign Minister Oana Țoiu: “This morning, I spoke with Ishaq Dar, Deputy Prime Minister and Foreign Minister of Pakistan, who briefed me on […]