Category: Latest News

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reaffirmed that Pakistan has not faced any electricity shortages nor disruption in exports despite oil supply challenges triggered by the ongoing Gulf tensions. Chairing a high-level meeting on long-term energy planning and export strategy, the prime minister said the country’s growing reliance on renewable energy has helped maintain stability in the power sector. “Despite disruptions in oil supply caused by regional tensions, no electricity crisis has emerged,” he noted, adding that solar and other renewable sources are shaping the future of Pakistan’s energy…

Read More

TEHRAN: Iran has proposed a comprehensive 10-point plan aimed at ending the ongoing conflict, outlining key political, military, and economic demands, according to Tasnim News Agency. The plan calls on the United States to make a firm commitment to non-aggression, signaling Tehran’s insistence on long-term security guarantees as a foundation for peace. A central demand includes the continuation of Iran’s control over the strategically vital Strait of Hormuz, through which a significant portion of global oil shipments passes. Iran has also emphasized international acceptance of its uranium enrichment program, while…

Read More

ISLAMABAD: In a significant diplomatic development, Pakistan has announced a two-week ceasefire agreement between the United States and Iran, following intensive backchannel engagements led by Prime Minister Shehbaz Sharif and Chief of Army Staff Asim Munir. The truce, described as a critical step toward de-escalation in the Middle East, comes after direct communication with US President Donald Trump, who agreed to halt military strikes on Iran for a period of two weeks, contingent upon key conditions. Ceasefire Announcement and Pakistan’s Role Prime Minister Shehbaz Sharif, in an early morning statement,…

Read More

Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with H.E. Ms. Jane Marriott, High Commissioner of the United Kingdom to Pakistan, to discuss the evolving regional situation, its implications for global energy markets, and avenues for strengthening bilateral cooperation in Pakistan’s energy and minerals sectors.During the meeting, both sides exchanged views on the regional crisis and its impact on petroleum supply chains, price volatility, and overall energy security. The High Commissioner appreciated Pakistan’s constructive diplomatic role and thanked for its mediation efforts aimed at easing tensions and promoting…

Read More

ISLAMABAD: Prime Minister Shehbaz Sharif has called for the widespread adoption of electric vehicles (EVs) across Pakistan, highlighting their potential to reduce fuel imports and conserve valuable foreign exchange reserves amid rising global oil prices. Speaking at a ceremony marking the provision of eco-smart EVs to the Islamabad Capital Traffic Police, the prime minister emphasised that such energy-efficient initiatives should be replicated by all provinces and law enforcement agencies. He noted that the Ministry of Interior had provided an initial fleet of 15 electric vehicles, which operate entirely on battery…

Read More