Author: Admin

Houthis threaten more Saudi strikes as UN warns of humanitarian crisis in Yemen

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iran israel war

Saudi cities faced the threat of a second day of Houthi attacks as fighting across Yemen led the UN to warn of a humanitarian crisis with 100,000 Yemenis already displaced. As oil prices remained well over $100 (£74) a barrel, Qatar warned of a catastrophe if the Iran-backed Houthi militants won full control of the Bab al-Mandab strait, the narrow waterway at the bottom of the Red Sea dominating the key naval route to Asia. The strait has become vital to Saudi crude oil exports as the wider Middle East…

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Pakistan approves $271 million fuel subsidy amid US-Iran war energy shock

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ISLAMABAD: Pakistan’s top economic decision-making body on Monday approved Rs75 billion [$271 million] for a fuel subsidy scheme, the Finance Division said, as Islamabad attempts to mitigate the impact of the inflationary pressure created by the US-Iran war. Prime Minister Shehbaz Sharif announced a subsidy of Rs100 [$0.36] per liter on petrol for owners of two-wheelers and three-wheelers such as motorcycles, rickshaws and qingqis. The government announced that owners of vehicles up to 800 cc will also be eligible to avail the scheme.  Pakistan has consistently raised fuel prices as…

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Govt raises petrol price by Rs4.10, diesel by Rs6.41 per litre

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petrol

The government further increased the price of petrol by Rs4.10 per litre and high-speed diesel (HSD) by Rs6.41 per litre, effective till Wednesday, September 16, 2026, marking the seventh consecutive hike in petroleum prices. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Tuesday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The price of Motor Spirit (petrol) was raised by Rs4.10 per litre, taking it from Rs380.24 to Rs384.34 per litre. HSD saw…

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Government Briefs Jamaat-e-Islami Delegation on Fuel Supply, Pricing Reforms and Targeted Relief Measures

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New-Project146

Islamabad: September 15,2026 A delegation of Jamaat-e-Islami led by Liaquat Baloch called on Federal Minister for Petroleum Ali Pervaiz Malik, Federal Minister for Law and Justice Azam Nazeer Tarar and Minister of State for Finance Bilal Azhar Kiani at the Petroleum Division. The delegation was briefed on the comprehensive steps taken by the government to ensure uninterrupted fuel supplies during the recent crisis situation. Heads of major refineries, including PARCO, PRL and Cnergyico, along with representatives of PSO and OGRA, also briefed the delegation on the operational management of the…

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Pakistan and IAEA Sign Safeguards Agreement for Chashma-5 Nuclear Power Plant

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New-Project145

Vienna/Islamabad; September 15, 2026: Achieving a significant milestone in the history of Pakistan’s nuclear power program, Dr. Raja Ali Raza Anwar, Chairman, Pakistan Atomic Energy Commission (PAEC) signed the Safeguards Agreement for Chashma Unit-5 (C-5) with Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA), at the Agency’s Headquarters here on the sidelines of the 70th IAEA General Conference (GC). The signing ceremony was witnessed by Mr. Shan Zhongde, Chairman, China Atomic Energy Authority (CAEA). The Agreement between Pakistan and the IAEA for the Application of Safeguards…

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