ISLAMABAD: Prime Minister Shehbaz Sharif announced on Friday that Pakistan will slash the price of high-speed diesel by Rs135 a liter and petrol by Rs12 a liter, passing on relief from falling global oil prices to consumers and farmers as a fragile Middle East ceasefire takes hold.
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US dispatches Vance to Pakistan for high-stakes Iran negotiations
ISLAMABAD: Vice President JD Vance departed on Friday for Islamabad, leading an American delegation to direct negotiations with Iranian officials in a bid to convert a fragile two-week ceasefire into a more durable accord.
Sindh orders early shop closings across Pakistan’s financial hub to curb energy use amid fuel crisis
KARACHI: The Sindh provincial government on Friday directed all shops, markets and shopping malls in Karachi and the province’s other divisional headquarters to shut by 9 p.m. every day of the week, including Saturdays and Sundays, as part of a sweeping set of austerity measures aimed at conserving energy during a global fuel crisis triggered by the U.S.-Israel war on Iran.
Pakistan economy on firmer footing but Middle East conflict clouds outlook, ADB warns
ISLAMABAD: Pakistan’s economy is expected to sustain its recovery over the next two years as manufacturing rebounds and private investment gathers pace, the Asian Development Bank said Friday, even as the escalating conflict in the Middle East poses “significant” risks to growth, inflation and external balances.
Pakistan hosts high-stakes US-Iran talks in Islamabad as shaky ceasefire strains under disputes over Lebanon and oil flows
By Staff Reporter ISLAMABAD: The streets of Pakistan’s capital lay eerily quiet Friday under a sweeping security lockdown, as authorities prepared to welcome senior American
The Fragile Path to Peace in Islamabad
On Saturday morning, in the tree-lined diplomatic quarter of a capital better known for coups and crises than for brokering great-power peace, Vice President JD Vance will sit down with senior Iranian officials for the first direct negotiations between Washington and Tehran since the war began on Feb. 28. The meeting, hosted by Pakistan and involving Jared Kushner and Steve Witkoff on the American side, carries the weight of a region already scarred by nearly six weeks of fighting, at least 3,800 dead and an economic shock that has sent oil prices soaring and left hundreds of ships idling in the Persian Gulf.
Pakistan’s top leaders review mediation drive as US and Iranian delegations head to Islamabad for high-stakes talks
ISLAMABAD: Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, Pakistan’s chief of army staff and chief of defence forces, met Thursday to review the country’s mediation efforts aimed at forging a lasting peace between the United States and Iran, just a day before delegations from both nations are expected to arrive here for direct negotiations.
Nepra raises electricity tariffs by Rs1.42 a unit on February fuel costs
ISLAMABAD: The National Electric Power Regulatory Authority has increased electricity tariffs by Rs1.42 per unit under the monthly fuel-cost adjustment mechanism, reflecting higher fuel charges incurred in February 2026.
World leaders thank Pakistan for halting U.S.-Iran fighting and reopening Strait of Hormuz
ISLAMABAD: World leaders, European governments and international institutions on Wednesday thanked Pakistan for its central role in brokering a two-week ceasefire between the United States and Iran, a fragile pause in weeks of fighting that had threatened to choke off global energy supplies and destabilize the Middle East.
Imran Khan holds court-ordered jail meeting with lawyer as opposition alliance postpones protest and demands releases, dialogue
ISLAMABAD: Barrister Salman Safdar, the lawyer representing former prime minister Imran Khan in the Al Qadir Trust case, met Thursday with the imprisoned Pakistan Tehreek-e-Insaf founder inside Adiala jail, one day after the Islamabad High Court ordered prison authorities to arrange the encounter.