Pakistan and Afghan Taliban clash amid rising diplomatic efforts

Clashes between Pakistani forces and Afghanistan's Taliban military entered a third consecutive day on Saturday, following overnight confrontations that have heightened international concern and calls for urgent dialogue. Pakistani strikes on Friday targeted Taliban military positions and installations, including locations in Kabul and......

Saudi Aramco halts crude supply to Pakistan as global oil flows shift

Saudi Aramco has withheld its March 2026 crude shipment to a Pakistani refinery, reflecting tighter global supply patterns as sanctions and shifting demand reshape trade routes. According to industry sources cited by Pakistan Today, the state oil company has redirected volumes toward larger Asian buyers amid stronger demand from China......

Gulf states raise oil output as Iran tensions escalate

Major Gulf producers increased oil exports ahead of U.S. and Israeli strikes on Iran, seeking to stabilize global markets in case of supply disruptions. Abu Dhabi National Oil Company (ADNOC) released additional volumes of Murban crude for April delivery, which lowered the grade’s spot premiums to under two dollars per barrel against......

Saudi Arabia condemns Iranian strikes on Gulf states

Saudi Arabia has denounced what it described as brutal Iranian aggression following recent missile and drone attacks targeting several Gulf and regional countries. In a statement, the Ministry of Foreign Affairs said the strikes against the United Arab Emirates, Bahrain, Qatar, Kuwait and Jordan constituted a serious violation of national......

Ronaldo becomes part-owner of Spanish club ud almeria

Cristiano Ronaldo has taken his first concrete step into club ownership by buying a 25 percent stake in Spanish side UD Almeria through his investment vehicle CR7 Sports Investments. The financial terms of the deal have not been made public, but the transaction is described by those involved as a long-term strategic move that broadens the......

Middle East crude shipments push oil tanker rates to six-year high amid U.S.-Iran tensions

Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian Gulf to Asia exceeded 170,000 dollars......

Türkiye and Saudi Arabia to sign second phase of 5-gigawatt renewable deal at COP31

Türkiye and Saudi Arabia are preparing to sign the second phase of a 5-gigawatt renewable energy partnership at the upcoming COP31 climate summit in Antalya, marking a significant step in their expanding energy cooperation. The agreement will involve Türkiye and Saudi energy company ACWA Power, covering an additional 3 gigawatts......

The Kaaba key and the family that has guarded it for 1,400 years

For more than fourteen centuries, one of Islam’s most symbolically charged objects—the key to the Kaaba—has remained in the hands of a single lineage. The Bani Shaybah family, descendants of the Quraysh tribe, continues to serve as hereditary custodians of the sacred sanctuary in Mecca, preserving one of the longest uninterrupted......

Turkey and Saudi Arabia sign solar power agreement

Turkey and Saudi Arabia have signed a landmark agreement to build solar power plants with a combined capacity of 2,000 megawatts in Turkey, marking a significant step in energy collaboration between the two nations. The signing ceremony took place in Istanbul at an Ottoman-era palace overlooking the Bosphorus, following a $2 billion energy......

FIFA pledge for Gaza stadium sparks debate over postwar priorities

FIFA has promised to spend $50 million on a new national soccer stadium in the Gaza Strip, unveiling the plan at the first meeting of President Donald Trump’s Board of Peace in Washington as part of a broader reconstruction drive for the war‑devastated territory. The commitment comes as international institutions estimate that roughly......

US removes safeguards from proposed Saudi nuclear deal, raising proliferation concerns

The United States is moving forward with a proposed civil nuclear agreement with Saudi Arabia that removes key non-proliferation safeguards, according to a document sent to Congress and reviewed by Reuters. The move allows Saudi Arabia greater control over uranium enrichment and spent fuel reprocessing, steps that could potentially lead to......

Russian Urals crude discount widens to lowest since 2023

Russia’s flagship Urals crude is trading at its steepest discount to global benchmark Brent in nearly three years, underscoring mounting pressure on Moscow’s key export revenues as Western sanctions persist and Indian demand weakens. The discount on Urals expanded to $28 per barrel on a free on board basis at the Baltic ports......

Arab region struggles to unlock women’s financial potential

A new United Nations report has highlighted persistent barriers preventing women in Morocco and across the Arab region from fully participating in the financial system, warning that limited access to banking and digital services continues to restrain economic growth. In its study titled Unlocking women’s economic potential in the Arab......

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