Iran-US Conflict
Smartphone Prices Surge as AI Demand Pushes Up Memory Costs
All major mobile phone brands have raised smartphone prices in Karachi by Rs15,000 to Rs30,000 per handset, leaving new devices unaffordable for many consumers, particularly…
Govt Caps High-Speed Diesel Prices Amidst Iran-US Oil Crisis
The Ministry of Energy (Petroleum Division) has officially revised the pricing mechanism for High-Speed Diesel (HSD). The government issued this directive on October 19, 2026.…
Starlink Sparks Diplomatic Storm as Iran Confronts Norway
Iran has formally protested to Norway over what it describes as unauthorized Starlink satellite internet activity inside its territory, summoning the ambassador of Norway to…
UAE Records 640,000 Cyberattacks in One Day Amid Iran Conflict
The United Arab Emirates recorded 640,000 cyberattacks in a single day amid the ongoing Iran conflict. UAE officials say the attacks targeted critical infrastructure and…
Pakistan Fails Third Time to Buy Spot LNG as Power Crisis Deepens
Pakistan has failed for a third consecutive time to secure a single bid for liquefied natural gas cargoes, as global suppliers stay away from the…
Govt to Bring Back Targeted Subsidy if Petrol Prices Keep Rising: Minister
Petroleum Minister Ali Pervaiz Malik has announced that the government will reintroduce a targeted subsidy system to provide relief to the public if global oil…
US Confirms Grok AI Was Used in Military Strikes Against Iran
The United States (US) government has confirmed that Elon Musk’s artificial intelligence tool Grok was used in military strikes against Iran, disclosed in a legal…
US Sanctions Iran’s Largest Crypto Exchange Nobitex Over IRGC Ties
The United States has officially sanctioned Nobitex. It is Iran’s biggest cryptocurrency exchange. Officials accuse the platform of helping the Iranian government and blacklisted state…
Iran-US Tensions Cancel Flights at Islamabad Airport
Iran-US tensions triggered widespread flight cancellations at Islamabad International Airport on 3 June 2026, disrupting dozens of scheduled domestic and international services across multiple airlines.…
Pakistan Faces $1.45 Billion Trade Crisis Amid Afghan & Middle East Conflicts
Pakistan’s international trade faces a severe double shock. Tensions with Afghanistan and the escalating US-Israel-Iran conflict threaten the national economy. Consequently, Pakistan is losing billions…
Global Oil Prices Surge Amid UAE Nuclear Plant Drone Attack
Global oil prices recently surged again. Efforts to end the US-Israel war on Iran have stalled entirely. A drone attack targeted the Barakah nuclear power…
US-Iran Tensions Trigger Massive PSX Sell-Off: KSE-100 Index Sheds Nearly 1,500 Points
Renewed hostilities between the United States and Iran sparked a major stock market retreat today. Consequently, intense selling pressure returned to the Pakistan Stock Exchange…
Middle East Conflict Threatens Pakistan with $68 Billion Economic Loss
The ongoing Middle East conflict threatens to inflict severe damage on Pakistan’s economy. Annual losses could reach anywhere between $10 billion and $68 billion. This…
