
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.

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.

Iranian state television has aired a threatening segment targeting Barron Trump, the 20-year-old son of US President Donald Trump, reportedly offering a $10 million reward while highlighting claims about his movements and security. The broadcast comes amid escalating tensions between Washington and Tehran.

IDBI Bank's share price fell as much as 16.48% to an intraday low of ₹77.00 apiece on the BSE even as the benchmark S&P BSE Sensex remained largely flat.

India is preparing to host a high-stakes BRICS summit on September 12 and 13, with Russian President Vladimir Putin, Chinese President Xi Jinping and Iranian President Masoud Pezeshkian among the key leaders expected to attend. The Middle East conflict is likely to complicate negotiations as New Delhi seeks consensus among an increasingly diverse BRICS bloc.

US President Donald Trump has floated the idea of renaming the Strait of Hormuz as “Trump Strait,” while continuing to make provocative claims over US control of the strategically important waterway.

JPMorgan CEO Jamie Dimon has urged Washington to consider India’s refinery requirements and the wider impact on global oil markets before imposing further measures on buyers of Russian crude. His comments come as a new US law gives President Donald Trump authority to impose tariffs of up to 100% on major buyers of Russian oil.

India has secured $136.38 billion in foreign currency inflows through special schemes, far exceeding expectations and giving the Reserve Bank of India greater firepower to support the rupee amid global economic pressures.

Asian refiners are sending record volumes of diesel to Africa as Middle Eastern fuel shipments fall sharply because of shipping disruptions, security threats and refinery outages linked to the regional conflict.

Barron Trump, the 20-year-old son of US President Donald Trump, is reportedly maintaining a highly private lifestyle amid security concerns following threats against his family and the assassination of conservative activist Charlie Kirk.

The European Central Bank has warned that a surge in debt issuance by major US technology companies to finance AI data centres could eventually compete with European government bonds for investors, potentially driving borrowing costs higher.

Trade tensions between the United States and Canada are escalating after talks collapsed, with new 50% US tariffs on about $20 billion of Canadian goods and retaliatory duties from Ottawa expected to put pressure on businesses and consumers.