ISLAMABAD: The petroleum dealers are refusing to implement a government fuel subsidy program set to expand nationwide this week, escalating a standoff over who will cover the cost of discounted pump prices for millions of motorcycle and small-car owners.
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Amid drone strike near Mecca, Pakistan signals defence pact is ready to activate
Pakistan’s defence minister said on Wednesday that his country stands ready to back Saudi Arabia “practically and diplomatically” against Yemen’s Houthi rebels, a pointed warning issued hours after the kingdom accused the group of attempting to strike Islam’s holiest city and the rebels dismissed the claim as fabricated.
Pakistan Hockey Federation refuses to play in India, seeks neutral venue for Asian Champions Trophy
Pakistan has formally asked hockey’s Asian governing body to strip India of next month’s Men’s Asian Champions Trophy or relocate all of Pakistan’s matches to neutral territory, deepening the sporting fallout from the countries’ fraught relationship.
Pakistan summons Indian diplomat over naval incident in Arabian Sea
ISLAMABAD: Pakistan summoned India’s top diplomat in Islamabad on Wednesday and lodged a formal protest after an Indian Navy vessel made contact with a Pakistani warship in disputed waters, the most serious naval confrontation between the two nuclear-armed nations since a four-day war last year brought them to the brink of wider conflict.
Fuel prices rise for eighth straight day as Gulf supply routes come under renewed strain
The government raised gasoline and diesel prices on Wednesday for the eighth consecutive day, extending the longest streak of daily increases since the country moved to round-the-clock oil pricing, as fresh attacks on Gulf energy infrastructure threatened to choke off two of the world’s key crude corridors at once.
August current account gap narrows to $98 million as remittances surge
The current account deficit narrowed sharply to $98 million in August, the State Bank of Pakistan reported on Wednesday, as a jump in remittances from overseas workers offset a widening trade gap.
Pakistan has fuel through October, but minister says November is the real test
ISLAMABAD: Pakistan has locked in enough fuel to cover September and has built in a buffer against even a worst-case scenario in October, but the country’s petroleum minister said the government is now turning its attention to November, as a war that has choked off much of the Persian Gulf’s oil trade shows no sign of ending.
Supreme Court voices unease over Constitutional Court’s bid to seize Imran Khan hospital case, but holds off for three weeks
ISLAMABAD: The Supreme Court of Pakistan on Wednesday voiced open unease at an attempt by the country’s newly empowered Federal Constitutional Court (FCC) to take over proceedings concerning the hospital transfer of jailed former prime minister Imran Khan, but chose to defer its own hearing for three weeks rather than confront the tribunal head-on, saying it could not disregard another court’s directive.
Pakistan’s military says Saudi-Turkiye defence pact has ‘no regional aspirations’
ISLAMABAD: Pakistan’s military has moved to reassure allies and rivals alike that its new defence pact with Saudi Arabia and Turkiye carries no hidden ambitions, insisting the trilateral alliance exists purely to deter aggression rather than to project power across the region.
Attack near Islam’s holiest site tests new Saudi defence pact — and its limits
ISLAMABAD: Saudi air defences shot down a drone on Tuesday evening as it approached the restricted airspace over Mecca, the birthplace of the Prophet Muhammad and the site Muslims worldwide face in prayer five times daily, in what Saudi officials called an attempted attack by Yemen’s Houthi rebels on the holiest city in Islam.