Gulf | Pakistan

The United States struck Iran on Monday for a second day running, drawing Tehran’s reprisals against US allies in the Gulf as the foes battle over the status of the strategic Strait of Hormuz. The flare-up is the latest to undermine an interim agreement between Washington and Tehran aimed at ending their war, which has caused global economic shockwaves since it began in late February. The latest salvo by US forces began at 2100 GMT on Sunday, Central Command (Centcom) said on X. The fresh strikes came less than 24 hours after a previous wave in which the US Centcom said 140 Iranian military targets were hit. In a subsequent post, Centcom said it had completed a new wave of “offensive strikes” against Iran, hitting “dozens of targets at multiple locations with precision munitions to degrade Iran’s ability to continue attacking international shipping flowing through the Strait of Hormuz”. “Centcom forces struck Iranian military air-defence systems, coastal radar sites, missile and drone capabilities, and small ...

The US military launched fresh strikes on Iran after the latter struck a container ship on Sunday, while Tehran said it had again closed the Strait of Hormuz and escalated attacks on US facilities in states across the Gulf. The strikes were the latest in a cycle of attacks and counter-attacks as Iran seeks to assert control over shipping through the strait. However, the latest barrage marked a sharp escalation in pace and range. The attacks extended to the United Arab Emirates (UAE), which had not been targeted since early May, and Qatar, a mediator in ceasefire talks that had not come under attack since April. Iran said it closed the strait after firing a warning ​shot that struck a vessel travelling on an “unauthorised route”. It warned that any retaliation over the incident would be met with a “severe response”. Iran later said it had disabled a second vessel. India said one of its nationals was missing after an attack on the container ship GFS Galaxy off the coast of Oman earlier on Sunday. Oman said 23 c...

The US military launched fresh strikes on Iran after the latter struck a container ship on Sunday, while Tehran said it had again closed the Strait of Hormuz and escalated attacks on US facilities in states across the Gulf. The strikes were the latest in a cycle of attacks and counter-attacks as Iran seeks to assert control over shipping through the strait. However, the latest barrage marked a sharp escalation in pace and range. The attacks extended to the United Arab Emirates (UAE), which had not been targeted since early May, and Qatar, a mediator in ceasefire talks that had not come under attack since April. Iran said it closed the strait after firing a warning ​shot that struck a vessel travelling on an “unauthorised route”. It warned that any retaliation over the incident would be met with a “severe response”. Iran later said it had disabled a second vessel. India said one of its nationals was missing after an attack on the container ship GFS Galaxy off the coast of Oman earlier on Sunday. Oman said 23 c...

The US military launched fresh strikes on Iran after the latter struck a container ship on Sunday ‌while Tehran said it had again closed the Strait of Hormuz and escalated attacks on US facilities in states across the Gulf. A series of attacks between the US and Iran over the past several days led President Donald Trump to declare the end of a ceasefire meant to halt the war on Iran that the US and Israel began on February 28, though Trump has left the door open to continued negotiations. Iran said it closed the strait after firing a warning ​shot that struck a vessel travelling on an unapproved route. It warned that any retaliation over the incident would be met with a “severe response.” The US Central Command, however, claimed commercial ​vessels continue to transit through the waterway that carried one-fifth of the world’s oil and LNG shipments before the war. The Central Command said US forces hit 140 Iranian military targets on Saturday, out of more than 300 during three nights of strikes “to degrade Ira...

KARACHI: Regional instability continues to influence market sentiment, negatively impacting Pakistan’s domestic bond and equity markets and foreign direct investment, all of which declined at the end of FY26. Several economic stakeholders were unsure whether the Gulf turmoil, which has recently paused, could last longer, analysts said. They said all countries, except Israel, hoped for a permanent end to the Gulf war against Iran, but the business community was looking at the situation the other way. “Even if the war does not start in the near future, the uncertainty is high enough to keep foreign investors away from the country, such as Pakistan, which faces serious problems with its external account and depends largely on friendly countries and international donors to avoid default,” said a senior banker. Uncertainty drives foreign investors away Foreign direct investment declined by 28 per cent over the first 11 months of outgoing FY26; domestic bonds recorded a net outflow of $550 million, while total outf...

• Regional ministers seek curbs on missiles and proxies • Rubio says final settlement must protect Gulf stability •

US Secretary of State Marco Rubio told Gulf allies on Thursday that any deal with Iran would take their interests into account, as he wrapped up a Middle East trip aimed at selling the Trump administration’s preliminary accord to sceptical regional partners. Speaking at a meeting of Gulf Cooperation Council (GCC) in Bahrain, home to the US Navy’s Fifth Fleet, Rubio said Washington was seeking an enduring peace with long-time foe Iran that would not undermine the security and prosperity of its allies in the oil-rich region, which fear the accord is too soft on Iran. Iran fought two of the world’s most powerful armies — the US and Israel — during the conflict and took effective control of the vital Strait of Hormuz, heavily disrupting oil flows and rattling global energy markets and the wider economy. The war began with US-Israeli strikes on Iran in late February, and Tehran targeted US assets and bases in Gulf countries in retaliation. It, however, has not accepted responsibility for all of those attacks. At t...

KARACHI: Despite the war in the Gulf region, Pakistani workers continued to leave for jobs in countries directly affected by the conflict, particularly during March. Official data showed that during January-May, over 300,000 Pakistanis found employment in Middle Eastern states led by Saudi Arabia and the UAE. The largest number of Pakistani workers left for Saudi Arabia, while around 50,000 emigrated to the UAE, one of the countries most affected by the war. According to data released by the Bureau of Emigration and Overseas Employment, 143,586 Pakistanis left for Saudi Arabia during the five-month period, the highest number for any single destination country. Saudi Arabia was also drawn into the conflict and reportedly faced multiple attacks by Iran targeting American facilities in the kingdom. Although the war, which began on Feb 28, ended after about a month following a ceasefire, intermittent strikes by the US and Israel, as well as retaliatory attacks by Iran, continued to fuel uncertainty across the reg...

Iran’s Revolutionary Guards said they had carried out attacks against a US base in Jordan and 21 other targets in the Gulf on Wednesday in retaliation for American strikes around ​the Strait of Hormuz. The clashes mark one of the biggest exchanges in hostilities since the two countries agreed to a ceasefire in April. The Iranian strikes, which included attacks in ‌Kuwait and Bahrain, came after the US military said on X it had targeted Iranian air defence, ground control stations and surveillance radar sites near the strait in response to what US President Donald Trump said was the downing of a US Apache helicopter on Tuesday. “I believe the response should be very strong, very powerful, and that’s what this one is,” Trump told ABC News on Tuesday. The escalation in violence deepens doubts about the prospects for a deal to end the war that started on February 28 with joint US-Israeli strikes on Iran. Tehran ​responded by firing on US bases and assets in Gulf countries and all but choked off the Strait of Horm...

• Iran launches fresh missile, drone attacks on Kuwait, Bahrain • Kuwait says new attack ‘dangerous escalation’; Bahrain denounces ‘blatant aggression’ • Falling debris causes ‘material damage’ in Kuwait • Centcom says four attack drones downed near Hormuz; Iranian coastal radar sites also hit • Trump says Iran has ‘22pc’ of missiles left • US okays sale of $2bn in anti-drone weapons to Kuwait KUWAIT CITY: Iran launched fresh missile and drone attacks on Bahrain and Kuwait early on Saturday, while the United States said it struck Iranian coastal radar sites after intercepting missiles and drones aimed at Gulf allies and the Strait of Hormuz, further straining a fragile ceasefire. Bahrain and Kuwait intercepted seven Iranian missiles, while Bahrain also destroyed several drones, officials said. It was the second attack on both Gulf states since Wednesday. Iran’s Revolutionary Guards said they had targeted “enemy bases” with missiles after the US military said it struck radar sites in Iran and downed drones hea...

New attacks in the Middle East on Friday threatened to unravel an already fragile US-Iran ceasefire. Weeks of complex talks marked by threats and flare-ups of violence have failed to secure a deal to end the war and reopen the Strait of Hormuz, a key conduit for global energy flows. A ceasefire in the Middle East war, triggered nearly 100 days ago by US and Israeli strikes that wiped out Iran’s top leadership, has been in place since April 8. But tensions surged again on Friday when the US military said it struck radar sites in Iran after downing drones headed toward the strait. Shortly after, air raid sirens sounded in neighboring Gulf nations Kuwait and Bahrain — both US allies — and AFP correspondents in both countries heard explosions. Iran’s Revolutionary Guards said early on Saturday they had targeted “enemy bases in the area” with missiles in response to a US “invasion” of the country’s Sirik and Qeshm islands. US Central Command (Centcom) said Iran launched seven ballistic missiles toward Kuwait and B...

Gulf hostilities flared again on Wednesday, with a missile attack damaging Kuwait’s airport and the US military carrying out strikes near the Strait of Hormuz, as diplomacy between Washington and Tehran showed little progress. The latest flare-up, which sent oil prices up more than 1 per cent, comes with the conflict stalemated in a shaky ceasefire and the Strait of Hormuz largely closed, more than three months after initial US and Israeli strikes on Iran. Flights at Kuwait International Airport were suspended and diverted elsewhere until further notice, the state news agency said, citing aviation authorities, after an Iranian drone and missile attack on its T1 building. The attack caused injuries and severely damaged some airport facilities, it added, but gave no further details. Ministry of defence spokesman Brigadier General Saud Abdulaziz Al-Atwan described the attack as “criminal Iranian aggression which resulted in significant material damage to the building and injuries”. Earlier, the US Central Comman...

Prime Minister Shehbaz Sharif on Monday met the European Union’s (EU) top diplomat, Kaja Kallas, at the PM House, where he reaffirmed Pakistan’s commitment to cooperation with the EU and thanked EU leadership for its strong support for Pakistan’s peace efforts in the Gulf region. Kallas, who serves as vice-president of the Euro­pean Commission and the EU high representative for foreign affairs and security policy (HR/VP), is visiting Pakistan at the invitation of Deputy Prime Minister and Foreign Minister Ishaq Dar. According to a statement by the Prime Minister’s Office (PMO), the premier said that Pakistan was keen to further strengthen its multifaceted partnership with the EU. Deputy Prime Minister and Foreign Minister Ishaq Dar, Law Minister Azam Nazeer Tarar, Attorney General of Pakistan (AGP) Mansoor Usman Awan, Special Assistant to the Prime Minister (SAPM) Tariq Fatemi and other senior officials were also present, the statement said. PM Shehbaz expressed satisfaction at the 8th round of the EU-Pakista...

ISLAMABAD: Following the release of a $1.1 billion tranche for Pakistan, the International Monetary Fund (IMF) has identified Pakistan’s economic exposure to the Gulf Coope­ration Council (GCC) as its most acute external vulnerability. In its staff report, the lender warned that “the war weighs on the near-term outlook as Pakistan is highly exposed to energy imports and remittances from the Gulf countries as well as to global financial conditions”. According to the report, 81 per cent of Pakistan’s fuel imports originate in the GCC region, while 55pc of remittances — equivalent to about nine percent of the GDP — flow from these economies. The IMF noted: “A significant disruption to the GCC economies and/or return of migrant workers could weigh on these flows, a major source of financing for consumption and the balance of payments”. According to the Fund, the Iran war’s impact has been formally embedded in Pakistan’s macroeconomic projections. Under the IMF’s baseline scenario, GDP growth is expected to slow b...

Air travel between Pakistan and Gulf countries has experienced significant disruptions, with 45 flights temporarily rescheduled or cancelled across major airports.

• Orders fast-tracking of Battery Energy Storage System project • Says demand for Pakistani products rising in Gulf markets • In a meeting with top Turkish judge Kadir Ozkaya, premier highlights growing judicial cooperation with Ankara ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday said that no electricity crisis had occurred and no disruption to the country’s exports had been witnessed despite disruptions in oil supply due to the Gulf war. “Despite disruptions in oil supply caused by regional tensions, no electricity crisis has emerged in the country owing to a significant share of renewable energy in electricity generation,” the prime minister said while presiding over a meeting on long-term energy planning and export strategy amid the current international situation. He also directed authorities to expedite work on the Battery Energy Storage System project. “Solar energy and other renewable energy sources are the future of the power sector,” he said, directing the formulation of a comprehensive nation...

President directs to reduce burden of rising prices on common man PM says govt will provide relief to middle class PM Shehbaz, European Council President express concerns over ongoing hostilities in Gulf countries.

Prime Minister Shehbaz Sharif has assured that economically vulnerable segments of society will not be left unsupported during the ongoing Gulf crisis, emphasizing the government’s commitment to public relief and fiscal prudence.

Qatar and Ukraine signed a defence agreement on Saturday, which includes cooperation on countering threats from missiles and drones, the Gulf state’s government said, as Iran presses an aerial campaign against its neighbours. Earlier on Saturday, Ukrainian President Volodymyr Zelensky — during a previously unannounced flurry of visits to Gulf nations — said his country and the United Arab Emirates (UAE) have agreed to cooperate on defence amid drones Iran launches in retaliation for US-Israeli strikes. Ukraine also signed an air defence agreement with Saudi Arabia during Zelensky’s visit to the kingdom, two senior officials told AFP on Friday. Kyiv has sought to leverage its expertise in downing Russian drones to help Gulf nations and has deployed anti-drone experts to all three countries Zelensky has visited during his diplomatic tour. “The agreement includes collaboration in technological fields, development of joint investments and the exchange of expertise in countering missiles and unmanned aerial system...

ISLAMABAD - Prime Minister Shehbaz Sharif on Wednesday directed authorities to accelerate exports of surplus food items to Gulf countries while ensuring an uninterrupted domestic supply, and called for a comprehensive plan to expand flight operations and enhance port efficiency in view of the evolving regional situation.