ISLAMABAD Pakistan said on Monday the military strikes inside Afghanistan targeting only militant infrastructure and support networks, flatly denying accusations from the Afghan Taliban government and the United Nations that civilian areas have been hit during the escalating border conflict.
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Facing fuel crisis from US-Israel war on Iran, PM Sharif orders salary cuts, office closures and remote work across Pakistan
ISLAMABAD: Prime Minister Shehbaz Sharif announced a broad package of austerity measures on Monday to conserve fuel and reduce government spending as Pakistan grapples with the fallout from the US-Israel conflict with Iran, which has sent global oil prices surging past $100 per barrel and disrupted critical energy supplies to the region.
Pakistan Navy begins ‘Operation Muhafiz-ul-Bahr’ to shield energy shipments from Middle East turmoil
ISLAMABAD: The Pakistan Navy has initiated a new maritime security operation to safeguard the country’s critical energy imports and commercial shipping amid escalating disruptions in the Strait of Hormuz, the military said Monday as the widening US-Israeli conflict with Iran sent global oil prices surging more than 25 percent.
Toxic fallout from US-Israeli attacks on Iran oil facilities raises air-quality fears in western Pakistan
KARACHI: Pakistan’s meteorological authorities warned on Monday that winds could carry pollutants from US and Israeli airstrikes on Iranian oil facilities into western parts of the country, potentially worsening air quality as the regional conflict intensifies.
SBP holds policy rate at 10.5 percent as Middle East war triggers fuel shock, inflation risks
KARACHI: The State Bank of Pakistan kept its benchmark policy rate unchanged at 10.5% on Monday, its second Monetary Policy Committee meeting of 2026, as the outbreak of war in the Middle East sent global energy prices surging and clouded the inflation outlook for the import-dependent economy.
Oil rally hammers Pakistan stocks in second-biggest drop ever
KARACHI: Pakistan’s benchmark KSE-100 Index suffered its second-largest single-day drop on record on Monday, plunging 11,015.96 points, or 6.99%, as a surge in global oil prices fueled by the intensifying US-Israeli conflict with Iran hammered investor sentiment and amplified worries over the country’s fragile, import-dependent economy.
Pakistan fuel stocks adequate despite Hormuz disruptions – ministry
ISLAMABAD: Pakistan’s petroleum-product inventories remain at comfortable levels and supply chains are operating without interruption, the Finance Ministry said Monday, even as the escalating conflict between the US, Israel and Iran has blocked the Strait of Hormuz and sent global oil prices to their highest since mid-2022.
Pakistan to hold 5G spectrum auction on Tuesday, targeting launch in five cities
ISLAMABAD: Pakistan will auction 5G spectrum on Tuesday as the government moves to address chronic connectivity bottlenecks and roll out next-generation mobile services in the country’s five largest cities, officials said on Monday.
Pakistan’s record fuel price hike hands windfall profits to oil companies, ex-finance minister says
KARACHI: Former Finance Minister Miftah Ismail has criticized the PML-N-led government’s sharp increase in petrol and diesel prices, arguing it has primarily benefited oil companies with windfall profits.
Pakistan says 583 Afghan Taliban killed in cross-border operation
ISLAMABAD: Pakistan said on Sunday its military has killed 583 Afghan Taliban fighters and wounded more than 795 others since launching a cross-border operation against the group, as clashes with Afghanistan entered a second week along the two countries’ rugged frontier.