Iran war and oil dominate BRICS meet in India

India, the world’s third-largest oil buyer, normally sources about half of its crude through the Strait of Hormuz India’s Foreign Minister Subrahmanyam Jaishankar addresses the BRICS foreign ministers’ meeting at Bharat Mandapam in New Delhi, India May 14, 2026. PHOTO: REUTERS BRICS foreign ministers, including Iran’s Abbas Araghchi and Russia’s Sergei Lavrov, met in New…

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PSX gains modest momentum in early trading

Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) displayed positive sentiment in the first half of trading on Thursday, with the benchmark KSE-100 Index rising over 250 points…

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Russia launches huge drone attack on Ukraine

It was the first such major attack after a three-day US-brokered ceasefire between Ukraine and Russia KYIV: Russia unleashed a massive daytime drone attack on Ukraine on Wednesday, targeting critical infrastructure in the west, killing at least six people and prompting NATO-member Poland to scramble fighter jets, officials said. Hungary, now led by a government…

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Major, 4 soldiers martyred in Balochistan operation

RAWALPINDI: A major-ranked officer and four soldiers embraced martyrdom during an area sanitisation operation in Balochistan’s Barkham district, said the Inter-Services Public Relations (ISPR) on Wednesday. At least seven terrorists were also killed during the operation. “On the morning of May 13, 2026, troops of Pakistan Army and Frontier Corps Balochistan commenced an area sanitisation…

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Centre, K-P aligned on terror fight: Asif

ISLAMABAD: Defence Minister Khawaja Asif on Wednesday warned Afghanistan that if Kabul failed to stop harbouring terrorists, Pakistan would respond in the same way it had against India last year. Addressing the National Assembly, Asif said: “If they are not ready, then what we did with Delhi, we will do the same with Kabul.” The…

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Ritter backs Pakistan for Nobel Prize

Former UN weapons inspector and ex-US Marine Corps intelligence officer Scott Ritter has praised Pakistan’s diplomatic role in ongoing regional tensions, saying Islamabad remains central to efforts aimed at securing a breakthrough between Iran and the United States. Speaking during senior anchorperson Fahd Hussain’s programme ‘Full Frame’ on Express 24/7, Ritter described Pakistan as “the…

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Per capita income climbs to $1,901

ISLAMABAD: Pakistan’s economy grew 3.7% in the outgoing fiscal year, missing the annual target and dashing hopes of higher growth due to slowing wheels of the industry and construction sectors, which has contributed to higher unemployment in the country. The 3.7% growth rate was pulled by the services sector, followed by 3.5% growth in the…

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