Markets
Pakistan’s oil boom? PSX hits record high after Trump’s deal
The surge followed a tweet from U.S. President Donald Trump announcing a strategic partnership with Pakistan to develop its oil reserves
Aug 03, 2025
Aug 03, 2025
The surge followed a tweet from U.S. President Donald Trump announcing a strategic partnership with Pakistan to develop its oil reserves
Experts say the attacks may have damaged Iran's nuclear program but likely fell short of a decisive blow
Trump is scheduled to visit Saudi Arabia, Qatar and the United Arab Emirates from May 13 to 16 on his first major Middle East trip of his second term
Iran asserts its right to a full nuclear fuel cycle, noting several NPT members enrich uranium without pursuing nuclear weapons
Both sides engaged in war of words, with threats of military action
Foreign Minister Abbas Araghchi states direct negotiations with a party that threatens force and expresses contradictory positions would be pointless
