Pakistan has launched an intense diplomatic push ahead of a potential second and decisive round of talks between the United States and Iran, positioning itself as a key mediator in the ongoing crisis. The country’s civilian and military leadership have stepped up engagements across major regional capitals to build momentum for a possible agreement. Prime...
The United States has begun enforcing a naval blockade on Iranian ports, marking a major escalation in the ongoing conflict, even as global oil prices eased on expectations of renewed diplomatic talks. The blockade, which came into effect on Monday, targets vessels linked to Iranian ports while allowing transit for ships not associated with Iran....
The United States military has announced it will begin a naval blockade of all Iranian ports starting Monday, following the collapse of high-level talks aimed at ending the ongoing conflict. The decision comes after negotiations in Islamabad failed to produce a breakthrough, with Washington blaming Tehran’s refusal to curb its nuclear program. According to US...
Japan is considering releasing an additional 20 days’ worth of oil from its strategic reserves as uncertainty persists over the reopening of the Strait of Hormuz, a key global energy route. The move, reported by Kyodo News, could take place as early as May if supply disruptions continue. The country, which relies on the Middle...
The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off as the benchmark KSE-100 index plunged more than 1,600 points during early trading, driven by rising geopolitical tensions and investor uncertainty. The steep decline reflected panic selling at the opening bell, with the index dropping nearly 1,680 points within minutes. Market sentiment remained fragile as escalating...