ISLAMABAD: Pakistan warned on Wednesday that it stood ready to use force to defend its ships and maritime interests, as Yemen’s Houthi movement pressed ahead with threats of a naval blockade against Saudi Arabia that has already prompted tankers to change course in the Red Sea.
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Pakistan fuel dealers suspend strike after govt pledges two-week fix
ISLAMABAD: Pakistan’s petrol pump owners called off a threatened nationwide strike on Wednesday after Petroleum Minister Ali Pervaiz Malik agreed to review their grievances within two weeks, averting a shutdown that would have shuttered thousands of fuel stations across the country.
Pakistan wins first S&P upgrade to ‘B’ since 2019 on IMF reforms
KARACHI: S&P Global Ratings raised Pakistan’s long-term sovereign credit rating to B from B-, the country’s second upgrade in 12 months and its highest standing since 2019, as the South Asian nation locks in gains from an International Monetary Fund overhaul that has rebuilt foreign reserves and narrowed budget gaps.
Journalist threats surge 22 percent in Pakistan as Punjab emerges epicentre of media intimidation
ISLAMABAD: Threats against journalists in Pakistan rose sharply in the second quarter of 2026, with state institutions identified as the driving force behind the majority of cases, according to new research published by a leading media watchdog.
US strikes Iran for 11th straight night as Pakistan peace push falters and oil surges past $92
ISLAMABAD: US forces struck Iran for an eleventh consecutive night early on Wednesday, as a widening war across the Middle East threatened to overwhelm a last-ditch attempt in Islamabad to revive a ceasefire that has already broken down once.
Pakistan seeks $10 billion US backstop to ease reserves strain
ISLAMABAD: Pakistan has approached the United States seeking a $10 billion exchange stabilisation facility, a request that would mark one of the largest such arrangements the US Treasury has extended to a foreign government in decades, Reuters reported on Tuesday.
Pakistan raises diesel by 7.15 rupees, petrol by 4.93 as daily pricing takes hold
ISLAMABAD: Pakistan raised the price of high-speed diesel by 7.15 rupees and petrol by 4.93 rupees a liter, according to a Petroleum Division notification issued on Tuesday, extending a pattern of near-daily increases since the country abandoned weekly fuel pricing in favor of a system that adjusts rates every 24 hours.
Pakistan fuel retailers to shut 15,000 pumps over daily pricing rule
ISLAMABAD: Pakistan’s largest fuel retailer association said it will shut roughly 15,000 petrol pumps nationwide from Thursday, escalating a standoff with the government over a new daily pricing mechanism that dealers say threatens their survival.
Pakistan on high alert as monsoon deaths pass 50 and flash flood warning issued for four provinces
ISLAMABAD: Pakistan’s disaster management authority has issued a high alert for flash floods, urban flooding and landslides across large swathes of the country, after monsoon rains killed at least a dozen more people in the northwest over a single 24-hour period, pushing the nationwide death toll for the season past 50.
Jamaat-i-Islami to blockade highways nationwide on August 7 in escalating fuel price protest
LAHORE: Jamaat-i-Islami has announced it will blockade major highways across Pakistan on 7 August, escalating a campaign against fuel prices and inflation that its leader has warned could tip into a movement against the government itself if authorities attempt to suppress it.
