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Top News in Pakistan: Read Latest Breaking News on Pakistan Politics, Business, World, Sports, Lifestyle, CPEC, Articles, from pakobserver.
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News
Saudi Arabia???s vital East-West oil pipeline comes under attack in Riyadh and Madinah
1+ day, 8+ hour ago (559+ words) RIYADH – Saudi Arabia’s Ministry of Foreign Affairs has expressed in the strongest terms the kingdom’s condemnation of the targeting of the East-West Pipeline in Riyadh and Madinah regions by several drones launched from Iraq, resulting in injuries and some damage…...
Oil Prices Surge Above $105 as Iran War Raises Supply Fears
2+ day, 21+ hour ago (381+ words) Oil prices climbed around 4% on Thursday, with Brent crude rising above $105 a barrel as attacks on shipping raised concerns over disruptions to global supplies. Brent crude futures gained $4.05, or 4%, to $105.26 a barrel by 1215 GMT. U.S. West Texas Intermediate (WTI) crude also…...
Pakistan Gets LNG Relief as Qatri Cargo Docks at Port Qasim
3+ day, 59+ min ago (160+ words) Pakistan received a boost to its LNG supplies after a Qatari vessel carrying 81,936 metric tonnes of liquefied natural gas arrived at Port Qasim on Thursday. The carrier Al Marrouna transported the cargo from Qatar’s Ras Laffan terminal under a government-to-government…...
Iranian Missiles Damage 8 US F-15 Jets, Destroy Wing of A-10 in Jordan
3+ day, 56+ min ago (457+ words) AMMAN – The skies over Jordan turned tense as Iranian missiles came roaring toward a key US air base. When the barrage was over, several American warplanes had been hit, including A-10 that reportedly suffered severe wing damage and eight F…...
Two Pakistan Navy Heroes Martyred During Maritime Security Duty
3+ day, 19+ hour ago (212+ words) Pakistan Navy personnel lost their lives while carrying out security duties during a maritime patrol. Pakistan Navy’s Directorate-General of Public Relations (DGPR) confirmed on Wednesday that Shoaibur Rehman (PMA-IV) and Ghufran Nasar (PMT-II) embraced martyrdom while performing patrol duties at…...
Pakistan Set to Receive Qatari LNG After Strait of Hormuz Transit
3+ day, 22+ hour ago (193+ words) Pakistan is set to receive LNG cargoes after one Qatari vessel crossed the Strait of Hormuz, with another shipment expected to pass through the strategic waterway soon. According to media reports, the LNG carrier Al Marrouna crossed the Strait of…...
Global oil prices nears $100 per barrel amid US-Iran military escalation
4+ day, 9+ hour ago (389+ words) SINGAPORE – Oil prices witnessed a significant increase as the benchmark crude prices climbed closer to the $100-per-barrel level as the exchange of strikes between the United States and Iran added to escalating tensions in the Middle East. WTI Crude was…...
PM Shehbaz praises Pakistan Navy for protecting maritime trade amid Hormuz crisis
5+ day, 7+ hour ago (291+ words) ISLAMABAD – Prime Minister Shehbaz Sharif said the Pakistan Navy has a crucial role in protecting the country’s maritime trade routes and international sea lines of communication. In a message on Pakistan Navy Day, he said that amid growing tensions and…...
Oil prices surge toward $100 per barrel as Iran-US tensions escalate
5+ day, 8+ hour ago (209+ words) Global oil prices jumped to their highest level in around six weeks as rising tensions in the Middle East raised concerns over possible disruptions to regional energy supplies. Brent crude increased 1.03% to $97.31 a barrel, while U.S. West Texas Intermediate rose 1.42% to…...
Ineffective blockade
5+ day, 10+ hour ago (784+ words) pakobserver.net UNITED States-Iran tensions are straining regional security and weakening the regional economy. Sporadic military actions between them show that an off-ramp is not on the horizon, underscoring the conflict’s deepening. The American strategy of attrition and Iran’s retaliatory…...