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Oil climbs after Iran’s president dies, Saudi king’s health issue

Oil prices rose following political uncertainty in major oil-producing countries. This was caused by the death of Iran's president in a helicopter crash and Saudi Arabia's king's health issues, which led to the cancellation of a diplomatic trip. Brent reached $84.39 a barrel, and WTI stood at $80.29, the highest in weeks. OPEC+ is set to meet on June 1.

Three Pakistanis ‘abducted’ in Iran

Three Pakistanis from Sialkot, Punjab, were reportedly abducted in Iran. Their relatives received a video showing the abductees being tortured, with kidnappers demanding Rs8 million ransom each for their release. The Pakistani government has been urged to intervene. This incident follows the recent killing of nine Pakistani laborers in Iran.

Iran repatriates illegal Afghan immigrants amid terror threat

Iran repatriates over 1.3 million illegal Afghan immigrants amid increased terror threat. Iranian Interior Minister plans strict measures to prevent future illegal immigration. Pakistan also repatriated 1.7 million Afghan immigrants due to rising terrorist attacks. Evidence shows Afghan soil being used for terrorism against Pakistan, with a video revealing planning of attacks on Pakistan’s security forces.

Iran slams crackdown on US student protesters

Iran has criticized the US police crackdown on university students protesting the Israel-Hamas war's rising death toll in Gaza. The foreign ministry spokesman denounced the US government's neglect of human rights obligations and democracy principles. Pro-Palestinian demonstrations at American universities triggered clashes with police and 275 arrests, with solidarity protests in Iran.

Iran’s President Raisi reaches Karachi

Iran's President Raisi arrived in Karachi on the second day of his three-day visit to Pakistan, marking the first visit by a foreign head of state since the new government took power. Majors roads in Karachi were closed for security measures, and Raisi visited Allama Iqbal's mausoleum while emphasizing a special connection with the Pakistani people. Eight accords were signed to enhance cooperation between Pakistan and Iran.

Israel attacks Iran with missiles: US media reports

Israel reportedly launched missiles and drones at Iranian sites in response to a recent drone strike by Iran on Israel. Iranian state media reported an explosion in Isfahan, potentially impacting airports and suspending flights. The conflict has caused concerns about regional escalation, prompting a response from the United Nations Security Council. Oil prices increased as a result.

Iran agrees to ‘free’ Pakistanis stranded on seized Israeli ship

Iran has agreed to release the stranded Pakistanis from the captured Israeli ship, as reported by ARY News. The Iran Embassy confirmed the Pakistanis' presence and assured their release after legal formalities. The Foreign Office efforts led to Iran's consent, allowing the Pakistanis to leave the MSC Aries Container. Diplomatic communication between Iran and Pakistan facilitated the process.

US advises Pakistan against doing business with Iran

The US advises against Pakistan's business with Iran due to the risk of facing US sanctions. The country's Minister for Petroleum seeks a US waiver for the Iran-Pakistan Gas Pipeline project, emphasizing Pakistan's commitment to the project for energy security. Pakistan emphasizes the project as a sovereign decision despite US concerns.

Pakistan, Iran agree to expand strong bilateral relations

Pakistan and Iran have agreed to expand strong bilateral relations, emphasizing their importance for regional stability and prosperity. Iranian President Raisi called PM Sharif to congratulate him and discuss bilateral relations, expressing hope for continued collaboration. PM Sharif expressed gratitude and vowed to further strengthen ties, inviting President Raisi to visit Pakistan.

US Refuses Waiver over Pakistan-Iran Gas Pipeline Project

The US has refused to waive sanctions on Iran for the Pakistan-Iran gas pipeline project, causing further delay. Pakistan requested a waiver, but the US expressed concerns and refused any concession. There's a deadline of March to complete Pakistan’s part, with a potential 18 billion US dollar fine for non-compliance. Iran has completed its pipeline, but US sanctions have stalled progress. Both nations continue exploring options to fulfill the project.