Govt reduces petrol, diesel prices by Rs5

The federal government on Friday reduced petrol and diesel prices by Rs5, according to a notification issued by the Petroleum Division.

According to the notification, the revised prices will take effect from May 16.

Following the decrease, the price of petrol stands at Rs409.78 per litre and that of HSD at Rs409.58.

Petrol is mostly used in private transport, small vehicles, rickshaws and…

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EU ministers agree on sanctions targeting violent West Bank settlers

European Union (EU) foreign ministers reached an agreement on Monday on new sanctions targeting violent Israeli settlers in the occupied West Bank, as well as leading Hamas figures, EU foreign policy chief Kaja Kallas said.

The sanctions package, which targets three settlers and four settler organisations whose identities have yet to be publicly disclosed, had been blocked for months by the…

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Iran war could push 30 million people into poverty, UN warns

The US-Israeli war on Iran could push more than 30 million people into poverty, the head of the UN Development Program warned on Wednesday in Paris. UNDP chief Alexander De Croo told AFP that soaring energy and fertilizer prices, driven by the conflict, are reversing decades of development progress across 160 countries.

How is the Iran war pushing millions into poverty?

The war has…

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Iran expected to make new offer to ‘reluctant’ US

• Iranian envoy lauds Pakistan for ‘persistent labour’ to pave way for dialogue
• Trump claims Tehran asked him to lift Hormuz blockade
• Spy agencies studying ‘likely response’ to US declaring victory
• Iran’s military says ‘still in state of war’
• Vance questions Pentagon assessment of conflict with Iran
• UAE tanker evades Hormuz blockade

WASHINGTON: Even as US President Donald Trump…

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Pakistan among top 10 countries facing acute food crisis

Source: The 2026 Global Report on Food Crises

• Multi-agency report says over 9m Pakistanis face ‘crisis’ conditions; another 1.7 million in the more severe ‘emergency’ category
• Notes devastating monsoon rains, severe flooding wiped out crucial cropland, livelihoods
• Warns global hunger remains at critical levels amid conflict, drought, aid cuts; outlook for 2026 remains ‘bleak’

ISLAMABAD:…

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Azerbaijan says it is ready to supply LNG to Pakistan

Azerbaijan’s state energy company SOCAR is ready to supply liquefied ​natural gas (LNG) to Pakistan as soon ‌as it receives a request from Islamabad, the company told _Reuters_ on Tuesday, ​as Islamabad seeks spot cargoes to ​ease a growing energy shortfall.

SOCAR said a ⁠framework agreement signed in 2025 ​between SOCAR Trading and Pakistan LNG Limited (PLL) allows ​the Pakistani buyer to…

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