
Iran War Turns Pakistan’s LNG Surplus Into Looming Energy Crisis
Pakistan faces a growing gas shortage as LNG supplies tighten due to regional conflict, reversing years of surplus driven by falling domestic demand.
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Pakistan faces a growing gas shortage as LNG supplies tighten due to regional conflict, reversing years of surplus driven by falling domestic demand.

Brent crude climbed above $100 a barrel for the first time since July as attacks on Iranian tankers and Saudi energy facilities intensified fears of wider supply disruptions.

Tamil Nadu Chief Minister Joseph Vijay has announced three free LPG cylinders annually for low-income families, free bus travel for transgender persons and an expanded free travel scheme for women.

IndiGo is increasing fuel charges on domestic and international flights as aviation turbine fuel prices surge. The revised levy will apply to new bookings from October 6, with domestic passengers paying up to ₹1,300 per sector.

Fuel prices rise sharply in India as Nayara Energy increases petrol and diesel rates, triggering panic buying amid global supply disruptions linked to the Iran-US conflict.

Iran-aligned Houthi forces have captured Yemen’s strategic Perim Island in the Bab al-Mandab Strait, tightening their grip on a critical Red Sea shipping route and increasing risks for Saudi oil exports and global energy markets.

Toronto-area homeowners who bought properties during the pandemic-era housing boom are increasingly being forced to sell below their purchase prices, with some facing losses running into hundreds of thousands of dollars as the market remains under pressure.

The US Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%-4.00% on September 16, its first rate increase under Chair Kevin Warsh. Policymakers signalled that another hike could follow as inflation remains above the Fed’s 2% target.

Mercedes championship leader Kimi Antonelli believes McLaren has overtaken his team as Formula One's fastest car after Lando Norris secured back-to-back victories at the Dutch Grand Prix.

Ukrainian President Volodymyr Zelensky has warned airlines operating through Russian airspace that the region is becoming increasingly dangerous as Kyiv intensifies drone operations inside Russia.

The Trump administration has proposed ending the 60-day grace period for H-1B and other temporary workers after employment ends, a move that could hit Indian professionals particularly hard.

A major fire at Surat’s Shyam Sangini Textile Market destroyed large quantities of festive-season fabric. More than 150 firefighters battled the blaze for hours.