Assassination of Ayatollah Khamenei Pushes Middle East to Brink of Wider War

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JERUSALEM: The conflict between Iran and the US-Israel alliance escalated dramatically on Sunday after Iran confirmed the assassination of Supreme Leader Ali Khamenei in a joint US-Israeli airstrike — a development that has plunged the region into one of its most dangerous crises in decades. Iran declared 40 days of national mourning and announced seven public holidays following the death of the leader who had held ultimate authority since 1989. Iranian state media reported that Khamenei was killed while working in his office during Saturday’s coordinated strikes. In retaliation, Iranian…

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Oil Surges 10% After Iran Strikes; Analysts Warn Prices Could Hit $100 per Barrel

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Global oil prices spiked sharply after US and Israeli military strikes on Iran escalated tensions in the Middle East, raising fears of supply disruptions and a potential closure of the Strait of Hormuz — a critical artery for global energy trade. Brent crude jumped 10 percent in over-the-counter trading on Sunday to around $80 per barrel, traders said. The benchmark had already climbed to $73 on Friday — its highest level since July — amid growing speculation of military escalation. Futures markets remain closed over the weekend. Energy analysts warned…

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CM Murad Shah expresses grief over tragic developments, orders probe into US consulate incident, calls for calm

US consulate incident

KARACHI (March 1): Sindh Chief Minister Syed Murad Ali Shah expressed deep sorrow and concern over the tragic events reported from Iran and stated that the people of Sindh stand united with Iran and all bereaved families during this difficult time.He also expressed profound grief over a very unfortunate incident near the US Consulate in Karachi, which reportedly resulted in the loss of innocent lives. He instructed the authorities to conduct a transparent and impartial investigation to establish the facts.Emphasising the sensitive situation in the country, the chief minister said…

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CM Murad Shah approves Rs5 billion to make TP1 operational by treating 30/35 MGD

KARACHI (Feb 28): Sindh Chief Minister Syed Murad Ali Shah presides over a meeting at CM House to review progress on the wastewater treatment project.

• TP4 project aimed at quicker delivery of clean water for Karachi• Rs22 billion wastewater improvements secured with global funding• Timelines set to revive TP1 for recycled water supply to industry KARACHI (Feb 28): Sindh Chief Minister Syed Murad Ali Shah, presiding over a meeting, reviewed Karachi’s wastewater treatment and recycling initiatives and approved Rs5 billion to ensure the secondary treatment of 100 MGD from TP1 by December 31.The CM also set an interim target of treating 30–35 MGD by June 30. “This is not just a long-term vision. Karachi…

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Govt hikes petrol price by Rs8, high-speed diesel by Rs5

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The government on Saturday raised the price of petrol by Rs8 per litre and that of high-speed diesel (HSD) by Rs5.16 per litre for the next fortnight, according to a press release issued by the Petroleum Division. Following the increase, the price of petrol has jumped from Rs258.17 to Rs266.17 while the HSD price now stands at 280.86. According to the press release, the government has revised the petroleum products’ prices based on the Oil and Gas Regulatory Authority’s recommendations. The new prices are effective from March 1, the press…

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