Oil prices fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive US sanctions on Tehran’s oil, boosting the oil supply outlook. Brent crude futures were down $2.14, or 2.69%, at $77.41 a barrel as of 0616…
Published versions largely converge on ceasefire, sanctions relief, Hormuz, nuclear talks The US and Iranian versions of a memorandum of understanding (MOU) aimed at ending months of war in the Middle East reveal broad convergence on the deal’s core provisions, despite differences in political emphasis, legal detail, and the way each side frames sensitive issues…
Reaffirms their commitment to expanding cooperation across areas of mutual interest Canada praised Pakistan’s “constructive role” in supporting diplomatic engagement and mediation efforts between the United States (US) and Iran that helped facilitate the recent understanding reached between the two countries, according to a statement issued by the Foreign Office (FO) on Thursday. The statement…
Faceless system to be launched in Oct to create blind between taxpayers and taxmen ISLAMABAD: The Federal Board of Revenue (FBR) chairman said on Wednesday that a new faceless tax system would be launched in October to protect people from harassment by taxmen, admitting that any new information being sent to fields for collecting taxes…
Prime Minister Shehbaz Sharif. PHOTO: FILE Prime Minister Shehbaz Sharif on Thursday announced the electronic signing of the “Islamabad Memorandum of Understanding” between US President Donald Trump and Iranian President Masoud Pezeshkian. In a post on X, he stated that “the Memorandum has been signed by honourable Presidents of both the countries and also endorsed by…
LAHORE: PML-N has finalised around 90 per cent of tickets for Azad Jammu and Kashmir (AJK), which will be issued in a day or two, a PTI Kashmir Chapter leader said. He attended the meeting, which was presided over by PML-N President Nawaz Sharif, as the party steams ahead with its election drive in AJK….
Oil prices rose more than 1% on Wednesday after US President Donald Trump said the new ceasefire agreement with Iran was not final and the Iran war could resume if he is unsatisfied, but concerns over excess supply next year limited the gains. Brent crude futures were up 89 cents, or around 1.1%, at $79.85…
JILJILIYA: Israeli settlers set fire to mosques in two West Bank villages on Wednesday, their mayors said, with AFP journalists at one site seeing scorched walls and graffiti. The incident came during a period of increased attacks against Palestinian communities by settlers in the Israeli-occupied West Bank since the start of the Gaza war in…
ISLAMABAD: The National Assembly on Wednesday witnessed heated exchanges between Pakistan Muslim League-Nawaz (PML-N) and Pakistan Tehreek-e-Insaf (PTI) members during the ongoing budget session, with repeated use of unparliamentary language that was later expunged by the speaker. The House, presided over by Speaker Sardar Ayaz Sadiq, saw sharp verbal confrontations as opposition and government lawmakers…
Unveils Rs1,089b budget Achieves Rs45.56b fiscal surplus Rs90b earmarked for healthcare Education sees 15% QUETTA: Balochistan on Wednesday unveiled a historic, relief-driven Rs1,089.26 billion surplus budget for fiscal year 2026-27, aiming to strike a balance between strict financial discipline and direct public relief. Presented by Provincial Finance Minister Mir Shoaib Nosherwani…