A collision involving three ships occurred near the busy Strait of Hormuz, amid rising tensions between Iran and Israel. United Arab Emirates (UAE) authorities rescued 24 people following the accident. According to British news agency Reuters, on Tuesday, one ship collided with two other vessels close to the Strait of Hormuz. Earlier, the British maritime […]
rising tensions between Iran and Israel
Pakistan denies supplying missiles to Iran, calls reports baseless propaganda
ISLAMABAD – Pakistan has strongly rejected recent media reports claiming it supplied non-nuclear ballistic missiles to Iran amid rising tensions between Iran and Israel. Officials called the claims false, baseless, and part of a deliberate propaganda campaign. According to diplomatic and security sources in Islamabad, the reports making rounds on international and social media platforms […]
Pakistan assures sufficient petroleum reserves amid Iran-Israel conflict
Islamabad – Pakistan’s Ministry of Finance has confirmed that the country currently holds ample petroleum reserves despite rising tensions between Iran and Israel. This assurance comes after a committee meeting chaired by Finance Minister Muhammad Aurangzeb to assess the impact of recent regional conflicts on the oil market. The committee, formed under the Prime Minister’s […]
Pakistan seals Iran border in Balochistan as regional tensions rise
Amid rising tensions between Iran and Israel, Pakistan has sealed its border with Iran in Balochistan. The crossings in Gwadar and Panjgur districts are now closed. The ban affects both pedestrian movement and fuel transport, which are suspended until further notice. Officials said the decision was made to protect citizens from possible risks. The Gwadar […]
Houthis launch ballistic missiles at Israel in rare joint attack with Iran
In a bold and coordinated move, Yemen’s Houthi rebels announced on Sunday that they launched ballistic missiles at Israel in direct coordination with Iran. This marks the first time the Houthis have openly confirmed such joint military action with Tehran, further escalating tensions in the region. The Houthi military spokesperson, Yehya Sarea, said several missiles […]
PSX suffers sharp 1,950-point drop amid Iran-Israel tensions
The Pakistan Stock Exchange (PSX) saw a massive sell-off on Friday as rising tensions between Iran and Israel rattled investors. The KSE-100 index dropped by 1,949.55 points or 1.57%, closing at 122,143.57. The market opened in the red and quickly extended losses due to geopolitical uncertainty. The fall came after Israeli strikes hit Iranian military […]