Day: June 19, 2026

ISLAMABAD: Pakistan is expected to witness a significant reduction in petroleum product prices, with estimates suggesting a possible cut of Rs70 to Rs100 per litre, as international crude oil prices continue to decline sharply following easing geopolitical tensions in the Middle East. The anticipated relief comes after reports of a US-Iran ceasefire agreement and improved global energy supply outlook, which have already triggered a steep fall in international oil prices. Officials indicate that the government is preparing to pass on the full benefit of the global price decline to consumers.…

UNITED NATIONS/ISLAMABAD: Pakistan has urged the United Nations Security Council to take notice of what it describes as India’s violations of the Indus Waters Treaty, warning that such actions could have serious implications for regional stability and water security. Deputy Prime Minister and Foreign Minister Ishaq Dar called on the Security Council to address the situation, stressing the need for urgent attention to what Pakistan views as a deteriorating regional water dispute. Pakistan’s Permanent Representative to the UN, Ambassador Asim Iftikhar Ahmad, delivered an important letter from the Deputy Prime…

KARACHI: Following a ceasefire agreement with the United States, Iran has decided to significantly expand trade relations with Pakistan, aiming to elevate bilateral trade to as high as $10 billion, according to officials and business representatives. The development comes as Iran’s second major trade delegation in two months visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), signaling renewed economic engagement between the two neighbouring countries. During the visit, agreements were signed for the development of LPG storage facilities and investment projects in Pakistan. According to FPCCI representative…

ISLAMABAD: Senate Standing Committee on Climate Change and Environmental Coordination Chairperson Senator Sherry Rehman on Thursday expressed serious concern over what she described as “shocking” reductions in climate-related budget allocations, warning that Pakistan is becoming increasingly vulnerable to worsening environmental and climate-related shocks. Chairing a committee meeting, Rehman said the country is already experiencing intensifying heatwaves, rapid glacier melt, irregular rainfall patterns, growing water scarcity, and deteriorating urban environmental conditions. She stressed that monsoon preparedness must remain an urgent national priority, calling for stronger institutional coordination to address what she…