US natgas futures rise 3% as output falls and Waha prices stay negative
NEW YORK: U.S. natural gas futures climbed about 3% to a one-week high on a decline in output in recent weeks. That price increase came despite forecasts for less demand…
Iran war raises stakes for US and China ahead of Trump–Xi talks
BEIJING: The Iran war has strained U.S.–Chinese ties further and looks set to dominate the May 14 to 15 summit between U.S. President Donald Trump and his Chinese counterpart and…
Second Qatari LNG tanker heads through Hormuz to Pakistan as Iran war continues, data shows
LONDON: A second Qatari liquefied natural gas tanker is transiting the Strait of Hormuz days after the first such cargo crossed under an arrangement involving Iran and Pakistan, highlighting how…
Imaan, Hadi submit additional documents ahead of hearing on appeals in apex court tomorrow
ISLAMABAD: Human rights lawyer Imaan Zainab Mazari-Hazir and her husband, Hadi Ali Chattha, have submitted additional documents to the Supreme Court of Pakistan, bringing these on record before the hearing…
SC dismisses appeals against SHC order in TRG shareholding dispute
The Supreme Court (SC) on Monday dismissed a set of appeals instituted by Greentree Holdings Limited (GTH) against a June order by the Sindh High Court (SHC), which had held…
Pakistan issues demarche to Afghan Taliban over Bannu attack
Pakistan on Monday summoned the Afghan chargé d’affaires and lodged a strong protest with the Afghan Taliban administration over a deadly terrorist attack on a police post in the country’s…
SIFC fast-tracks long-pending approvals for $30m airline project
Pakistan’s aviation sector is set to receive a fresh boost after the Special Investment Facilitation Council (SIFC) expedited long-delayed regulatory approvals for Jet Green Private Limited, enabling the USD 30…
PM extends austerity drive till June 13 to deal with impact of Middle East war
Prime Minister Shehbaz Sharif on Monday extended the countrywide austerity drive till June 13. The Middle East war, which began with US-Israeli attacks on Iran on February 28, has given…
Afghanistan issued demarche after 15 police personnel martyred in Bannu suicide attack
The Foreign Office (FO) said on Monday that the Afghan chargé d’affaires was summoned and handed a “strong demarche” over the suicide attack in Bannu, which claimed the lives of…
Iron Dome nearly 99% effective against incoming missiles, maker Rafael’s chairman says
TEL AVIV: Israel’s Iron Dome has been nearly 99% effective against missiles from Hamas and Hezbollah and has knocked out most missiles from Iran, the chairman of state-owned Iron Dome…