world

Pakistan Minister Indicates Possible Fuel Price Reduction After US-Iran Pact

Published on: 18 Jun 2026, 04:30 PM

Pakistan's Petroleum Minister Ali Pervaiz Malik stated on Wednesday that the government is considering lowering fuel prices following reports of a peace agreement between the United States and Iran.

Speaking to Geo News, Minister Malik said the government would bring 'good news regarding a reduction in petroleum prices' after the two countries agreed on a framework to end hostilities. He added that Prime Minister Shehbaz Sharif had previously assured the public that any decline in global oil prices would be passed on to consumers.

According to reports, the United States and Iran have agreed to a peace deal that both sides plan to formalise by June 19, 2026. The accord is a 14-point Memorandum of Understanding intended to end the US blockade of Iran and reopen the Strait of Hormuz, a critical route for global oil and gas shipments. The conflict began on February 28, 2026, when US and Israeli forces struck Iran.

Minister Malik did not specify the amount or timing of any potential price cut, but noted that the government is monitoring international oil markets closely.

Source: Indian Express

Latest in World 10

world

Ukraine's postmen risk drone attacks to deliver pensions and medicine

Ukrposhta, Ukraine's state postal service, delivers pensions, utility payments, food and medicine to remote villages, including areas within range of drone attacks. Its chief, Igor Smelyansky, decides each morning which routes are safe enough for staff to take. For many elderly and poor Ukrainians, the postman or postwoman is a lifeline to the outside world.

BBC News 15 Sep 2026, 05:01 AM

world

Houthis Say Saudi Arabia Launched 58 Airstrikes in 24 Hours as Yemen Conflict Escalates

The Houthi movement in Yemen claims Saudi Arabia conducted 58 airstrikes in 24 hours, as fighting intensifies in the civil war. The conflict has displaced nearly 86,000 people and drawn Yemen into a broader Middle East war.

NDTV 14 Sep 2026, 04:23 AM

world

North Korea says live-fire drill showed 'huge destructive power' of concentrated fire

North Korea said it conducted a joint live-fire drill involving missiles, artillery and drones, claiming it demonstrated the "huge destructive power of concentration fire." South Korea's military detected short-range ballistic missile launches from the Wonsan area that flew about 250 kilometres each. The claims cannot be independently verified, and ballistic missile launches are prohibited under UN Security Council resolutions.

The Hindu 14 Sep 2026, 03:07 AM

world

US destroys five Iranian oil tankers; Iran fires missiles at US targets in Jordan

The US military destroyed five Iranian oil tankers in response to attacks on its warships, prompting Iran to fire missiles at American targets in Jordan. Jordan intercepted most of the missiles, reporting no casualties, as tensions over the Strait of Hormuz escalate further.

The Hindu 09 Sep 2026, 05:13 AM

world

Israeli report: UAE President warned Netanyahu of Hamas attack days before Oct 7

An Israeli newspaper reports that UAE President Mohammed bin Zayed warned Prime Minister Netanyahu of a Hamas attack before October 7. Netanyahu's office denies the conversation took place. The report adds to pressure on Netanyahu ahead of elections.

The Hindu 08 Sep 2026, 01:47 PM

world

Houthi attacks on Saudi Arabia wound 73 civilians, coalition says

A Saudi-led coalition says Houthi attacks on Saudi Arabia wounded 73 civilians and has vowed to respond. The attacks come amid intense fighting in Yemen's Red Sea coast where over 300 people have been killed in recent days.

The Hindu 08 Sep 2026, 05:43 AM

world

Eiffel Tower shutdown: Paris investigates claim women were sidelined for Hindu delegation

The Eiffel Tower was shut for a day after employees protested against alleged instructions to sideline female staff during a Hindu delegation's visit. The operator SETE admitted accepting conditions to limit interactions with women, prompting a French investigation. BAPS has denied the allegation, while French leaders called it unacceptable.

The Hindu 08 Sep 2026, 03:23 AM

world

Singapore probes racist online remarks against Indians amid flood crisis

Singapore has launched an investigation into racist online remarks against Indians, sparked by comments following the Nepal-Tibet flash floods and Air India investment. Senior Minister Shanmugam termed the posts shameful, while Prime Minister Wong urged citizens to reject prejudice and maintain social cohesion.

NDTV 07 Sep 2026, 04:26 AM

world

AfD wins big in Germany's Saxony-Anhalt election but falls short of majority

The AfD won a sweeping victory in Saxony-Anhalt's state election, securing 43.8% of the vote but falling three seats short of an outright majority. The result is a major setback for Chancellor Merz's CDU and raises questions about the future of Germany's political firewall against the right-wing party.

The Hindu 07 Sep 2026, 04:59 AM

world

Nepal's Multi-Tunnel Rescue 'Unprecedented', Expert Says as Nation Mourns

Nepal observed a national day of mourning on Monday as rescue teams pressed on with an 'unprecedented' search in Himalayan hydropower tunnels. At least 1,385 people died in the August 26 glacial collapse, and more than 5,500 remain missing.

The Hindu 07 Sep 2026, 05:35 AM

→ View All World News