Washington: Diesel prices in the United States climbed above $6 per gallon for the first time on Friday, reaching a national average of $6.05, according to American Automobile Association data. Oil prices also rose, with both major benchmarks on track to close the week above $100 a barrel for the first time since mid-May. Brent crude futures gained 81 cents, or 0.8%, to $108.44 a barrel, while U.S. West Texas Intermediate rose 69 cents, or 0.7%, to $103.17. Both benchmarks jumped more than 6% on Thursday and were nearly 13% higher on the week — the steepest weekly gain since…
Author: Web Desk
The United States has rejected Saudi Arabia’s request for direct military strikes against the Houthis in Yemen after the Iran-aligned group captured the strategically important coastal city of Mocha, according to a report by Axios, an American website. Saudi Crown Prince Mohammed bin Salman reportedly contacted US President Donald Trump twice within a short period as Houthi forces advanced towards the Bab al-Mandeb Strait, a critical maritime passage linking the Red Sea with the Gulf of Aden. According to sources familiar with the discussions, the crown prince initially informed Trump that allied Yemeni forces were retreating before making a formal…
Damascus: Israeli Prime Minister Benjamin Netanyahu visited Israeli troops stationed in southern Syria on Wednesday, prompting a strong reaction from Damascus, which accused Israel of violating Syrian sovereignty and international law. During the visit to the Syrian side of Mount Hermon near the Israel-Syria border, Netanyahu said Israel would continue its military presence in the area and claimed that Iran’s government was approaching collapse. “There is still work to be done,” Netanyahu said alongside Israeli Defense Minister Israel Katz. “The main task is to bring down the terror regime in Iran. We are very close to that.” Netanyahu also said…
ISLAMABAD: Pakistan has condemned recent Houthi attacks on Saudi Arabia but said no military response under the Makkah Defence Pact is currently being discussed. Foreign Office spokesperson Ambassador Sajjad Haider Khan said Thursday that Pakistan remains committed to the defense agreement with Saudi Arabia and Türkiye, but “more time” is needed for further aspects of the pact to take shape. “There is no such thing under discussion right now. When the time comes, we will act under the agreement,” Khan said during his weekly press briefing. 🔴LIVE: Spokesperson’s Weekly Press Briefing 10-09-2026 at Ministry of Foreign Affairs, Islamabad https://t.co/aU1uugRfL6 —…
As artificial intelligence rapidly automates jobs and reshapes entire industries, JP Global host and AI commentator Karim debate whether the technology will create unprecedented opportunity—or deepen inequality and human control. Artificial intelligence is moving far beyond chatbots and digital assistants, raising fundamental questions about the future of work, wealth and even human society. In a wide-ranging discussion on JP Global, host Ayaz Khan Lohani spoke with Business Intelligence Analyst Kareem Shehadeh-Rifai about the accelerating AI revolution, the threat of job displacement, automation, human greed and the possibility that increasingly powerful technology could transform the balance of power across the world.…
WASHINGTON: The United States has sharply escalated its trade dispute with Canada, announcing new import restrictions on a wide range of Canadian products, including alcoholic beverages, motorcycles and dairy goods. The new US measures will take effect on September 29, according to notices published on the White House website. They came after Canada’s retaliatory tariffs on US goods took effect earlier Tuesday. The latest escalation follows several rounds of failed trade negotiations between the two longtime allies. Last month, Washington imposed 50% tariffs on about $20 billion worth of Canadian goods, prompting Ottawa to retaliate. The US restrictions cover a…
British diplomats given 30 days to leave as Israel retaliates against UK sanctions targeting Israeli settlements in the occupied West Bank TEL AVIV: Israel has ordered the British consulate in East Jerusalem to close, with diplomats assigned to the mission set to lose their accreditation within 30 days, according to an Israeli official and two sources familiar with the matter. British representatives working with a U.S.-led Gaza coordination mission in Israel, along with British diplomats based in Ramallah, have been given seven days to leave, the sources said. Israeli Foreign Minister Gideon Saar announced Tuesday that Britain must shut its consulate…
Iran’s Revolutionary Guard says it attacked 10 vessels after the U.S. destroyed five Iranian oil tankers, while Jordan says it intercepted most of the Iranian missiles fired at a U.S.-used military base. CAIRO/WASHINGTON: Iran’s Islamic Revolutionary Guard Corps (IRGC) said Wednesday it launched ballistic missiles at a military base in Jordan used by U.S. forces and attacked 10 ships near the Strait of Hormuz, sharply escalating the six-month-old conflict. The strikes came after the United States said it had destroyed five Iranian oil tankers in attacks that Washington described as retaliation for Iranian attempts to strike a U.S. Navy warship…
LONDON: The United Kingdom has announced a ban on imports from Israeli settlements in the occupied West Bank, along with a new package of sanctions targeting settlement expansion and individuals accused of violence against Palestinian communities. UK Foreign Secretary Ed Miliband told Parliament that Britain would introduce a comprehensive sanctions regime targeting illegal settlements and those facilitating their expansion. Announcing the import ban in the House of Commons, Miliband said the British public should not be expected to support the occupation by purchasing products originating from Israeli settlements. He said the new sanctions framework would include appropriate religious exemptions and…
Lahore : The government has increased the prices of petrol and high-speed diesel (HSD), raising the petrol rate by Rs12.90 per litre and diesel by Rs3.72 per litre amid volatility in international oil markets. According to a notification issued by the Petroleum Division, the new prices will take effect from September 8, 2026. Following the increase, petrol will now be sold at Rs358.77 per litre, compared with the previous price of Rs345.87. The price of high-speed diesel has been increased from Rs378.05 to Rs381.77 per litre. Global oil market volatility The latest increase comes amid renewed volatility in global oil…
