WASHINGTON: US Treasury Secretary Scott Bessent has warned that Washington is entering an “economic D-Day” against Iran, signalling a major escalation in the Trump administration’s campaign to isolate Tehran financially. In a statement, Bessent said the United States was entering the “endgame” of its pressure campaign and would use every available economic tool to cut...
ISLAMABAD: Chief of Defence Forces and Chief of Army Staff Field Marshal Syed Asim Munir and Interior Minister Mohsin Naqvi have departed for Iran as part of Pakistan’s efforts to promote peace and stability in the region. According to the Inter-Services Public Relations (ISPR), Munir’s visit will focus on supporting efforts for a “peaceful, lasting,...
TEHRAN: Iran has warned neighbouring countries against joining the United States’ economic campaign against Tehran, saying nations that cooperate with Washington could be treated as enemies and face retaliation. Mohsen Rezaee, secretary of Iran’s Supreme National Security Council, issued the warning on Saturday, saying Tehran would target the interests of neighbouring states if they participated...
Global oil prices moved higher as renewed hostilities in the Middle East intensified concerns over potential disruptions to energy supplies and key shipping routes. The latest gains come amid escalating military tensions between the United States and Iran, prompting investors to closely monitor developments in one of the world’s most important oil-producing regions. Brent...
A highly secretive Iranian nuclear facility known as “Peak X Mountain” has emerged as one of the primary targets in US President Donald Trump’s latest warnings against Tehran. The underground complex is believed to be among Iran’s most heavily fortified nuclear installations, making it a key focus of growing tensions between the two countries. During...
Tensions in the Strait of Hormuz intensified after Iran’s Islamic Revolutionary Guard Corps (IRGC) reportedly disabled two commercial vessels attempting to navigate the strategic waterway amid an expanding United States naval blockade on Iranian ports. The latest incident marks another significant escalation in the ongoing confrontation between Tehran and Washington. According to reports, the two...
Pakistan’s stock market came under intense selling pressure on Monday as escalating military tensions between the United States and Iran rattled investor confidence, sending the benchmark KSE-100 Index down by more than 1,700 points during intraday trading. The sharp decline began immediately after the opening bell, with investors rushing to offload shares amid growing...
Global oil prices rose sharply on Monday after renewed military tensions between the United States and Iran, coupled with Israel’s decision to push further into Lebanon, heightened concerns over energy supplies from the Middle East. Brent crude climbed above $93 per barrel, while US West Texas Intermediate (WTI) crude rose above $90, reversing some of...
Pakistan’s Foreign Office has clarified that remarks made by Chinese Foreign Minister Wang Yi during a phone conversation with Deputy Prime Minister and Foreign Minister Ishaq Dar were misrepresented by sections of the media. The FO stressed that the discussion took place in a cordial atmosphere and focused on regional peace efforts. According to the...
US President Donald Trump is reportedly dissatisfied with Iran’s latest proposal to end the ongoing conflict, casting doubt over prospects for a near-term peace agreement. According to US officials, the proposal fails to meet Washington’s key demands, particularly regarding Iran’s nuclear programme. Iran’s plan reportedly focuses on ending hostilities first and resolving disputes over shipping...