Middle East heat reaches Pakistan: PM Shehbaz Sharif announces fuel‑saving measures; work from home, salary cuts and more

Global oil supplies are facing mounting pressure as the Middle East crisis continues to intensify, with disruptions rippling across several regions and the heat has reached Pakistan. In a bid to soften the hit, Pakistan PM Shehbaz Sharif has rolled out measures, running from cutting government spending and work from home guidelines, aimed towards saving…

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Strait of Hormuz crisis amid Iran war: Saudi’s Aramco CEO warns of ‘catastrophic consequences’ for oil markets

Saudi Arabia’s oil company Saudi Aramco, the world’s largest oil exporter, warned on Tuesday that the ongoing Iran war could have “catastrophic consequences” for global oil markets if shipping disruptions in the Strait of Hormuz continued.“There would be catastrophic consequences for the world’s oil markets and the longer the disruption goes on, the more drastic…

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Middle East war rattles oil markets: India invokes Essential Commodities Act for gas supply — what it means

NEW DELHI: As the conflict in West Asia continues to disrupt global energy flows, the Indian government has moved to safeguard domestic fuel supplies. With crude oil prices fluctuating amid uncertainty over shipments through the Strait of Hormuz, New Delhi has invoked provisions of the Essential Commodities Act (EC Act) to regulate the supply and…

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Anthropic takes US government to court; CFO Krishna Rao says: After President Trump’s and Secretary Hegseth’s social media posts, a major investor in Anthropic informed me that …

Anthropic CEO Dario Amodei made a public apology to the US government and Pentagon last week. In a full 180 degree U-turn, CEO apologised for the memo that he sent to employees soon after the company’s talks with Pentagon (Department of War) broke down. Amodei said he is very sorry for the way he handled…

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Bengaluru realtor kidnapped & killed, body found dumped in Tamil Nadu; biz partner under lens | Bengaluru News

A realtor from Bengaluru Rural was kidnapped and murdered, his body discovered in Tamil Nadu BENGALURU: A realtor from Anekal in Bengaluru Rural district was allegedly kidnapped Sunday evening and later murdered, with his body found dumped near Denkanikottai in Tamil Nadu Monday morning.The victim, identified as Gopal, was travelling in his car with his…

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SC asks Centre to draft ‘no-fault compensation policy’ for serious Covid vaccine side effects | India News

NEW DELHI: The Supreme Court on Tuesday directed the Centre to frame a no-fault compensation policy for those who suffer from serious adverse effects from COVID-19 vaccine.A bench of justices Vikram Nath and Sandeep Mehta said that the existing mechanism for monitoring adverse events following immunisation shall continue.“Union of India to frame a no-fault compensation…

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Is the Iran war already draining US weapons stockpiles? Billions spent in first 48 hours of operation

Explosions rock Iran, left, and Pentagon The United States expended approximately $5.6 billion worth of weaponry during the first forty-eight hours of its military operations against Iran, according to a report by the Washington Post.The estimate, which was presented to Congress on Monday, sparked debate over the administration’s claims that the mission is not “quickly…

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