The 13 to 15 per cent crash in global crude oil prices following the Iran-US ceasefire represents an unambiguous positive development for oil-importing nations like Pakistan
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US-Iran Ceasefire Sparks Oil Crash and Stock Surge
The US-Iran ceasefire announcement has delivered a powerful one-two punch to global markets: a dramatic collapse in oil prices and a euphoric rally in equities
Israel Backs US-Iran Truce, Excludes Lebanon
The statement added that Washington had communicated to Jerusalem its unwavering commitment to achieving these shared strategic objectives during the upcoming negotiation track
Iranian Drone Strike Hits US Air Base in Kuwait, 15 Troops Injured
The statement claimed strikes on Ali Al Salem Air Base and Camp Victory in Iraq, as well as locations inside Israel, including Tel Aviv, Haifa, Petah Tikva, and Beersheba
Iran Declares Nationwide Mourning for 40th Day of Ayatollah Khamenei’s Martyrdom
Iranian officials reiterated that Ayatollah Ali Khamenei was martyred on February 28, when the United States and Israel allegedly carried out a bombing at his office in Tehran
Iran’s Supreme Leader Says Attacks Will Not Weaken Armed Forces
Khamenei said hostile powers continue to issue daily threats and warnings of destruction but stressed that Iran’s armed forces remain determined and prepared to resist
Iran, US Receive Pakistan-Brokered Ceasefire Plan to Reopen Strait of Hormuz
However, two Pakistani sources cautioned that Iran has yet to formally commit, despite intensified diplomatic engagement at both civilian and military levels
Iran Warns World Cup Participation at Risk Unless Matches Are Moved From US
The FIFA World Cup will be jointly hosted by the United States, Mexico, and Canada, with the tournament set to kick off on June 11 and conclude on July 19