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Amid a sudden US-Iran deal, Israel faces a strategic shift as President Trump, once its staunchest ally, brokers terms that echo the JCPOA and constrain Israeli actions against Hezbollah. An open letter from a Jerusalem Post editor captures the growing Israeli unease and the potential fracture in US-Israel relations.
Two earthquakes in Balochistan injured at least three people, while a separate quake from Afghanistan's Hindu Kush region sent tremors across Pakistan. Officials report extensive house damage but no fatalities.
Pakistani Prime Minister Shehbaz Sharif has declared that Pakistan has emerged as a 'peacemaker' following its role in facilitating an agreement between the US and Iran. Iranian President Masoud Pezeshkian's first foreign visit after the conflict was to Pakistan, where he expressed gratitude for Islamabad's mediation efforts.
The Pakistan Meteorological Department has warned of glacial lake outburst floods in Gilgit-Baltistan and Khyber Pakhtunkhwa as soaring temperatures are expected to persist until early July. Separately, Suparco identified 130 potentially dangerous glacial lakes and raised concerns about settlement expansion near a glacial lake-fed stream in Gilgit.
The Punjab Control of Habitual Offenders and Anti-Social Behaviour Bill, 2026, cleared a key committee stage, proposing executive powers to freeze accounts, seize property, and impose surveillance without court conviction. Critics, including a former Citigroup executive, warn of draconian measures reminiscent of colonial-era laws. The bill, moved by a PML-N lawmaker, awaits a Punjab Assembly vote.
Israel and Lebanon have signed a US-mediated framework agreement in Washington, described as a first step toward ending hostilities and establishing lasting peace. The deal, which includes provisions for a ceasefire and Israeli troop withdrawal from southern Lebanon, has drawn mixed reactions from residents and analysts.
The government of Pakistan has decided to keep petrol and high-speed diesel prices unchanged at Rs299.50 and Rs311.47 per litre, respectively, for the coming week. Petroleum Minister Ali Pervaiz Malik defended the decision, citing international oil price trends, while critics from opposition parties and a former governor questioned why relief was not passed on to consumers.
Countries around the world, including the US, Iran, and Cuba, have pledged aid to Venezuela after two powerful earthquakes struck the country on Wednesday, leaving hundreds dead and injured. The death toll estimates vary, with official figures rising to at least 235.
Iran's foreign ministry has condemned a joint statement by the US secretary of state and Gulf Cooperation Council foreign ministers, calling it 'interventionist, irresponsible and provocative'. Tehran dismissed US security commitments as rhetoric, rejected accusations over its nuclear and missile programs, and urged regional states to prevent third parties from using their territory against Iran.
Bangladesh's Prime Minister Tarique Rahman met with Chinese President Xi Jinping in Beijing, urging reduced trade deficits and diversified exports. The visit highlights Dhaka's efforts to balance ties with China and India amid a complex geopolitical landscape.
President Asif Ali Zardari has given his assent to the Finance Bill, 2026, finalizing Pakistan's federal budget for fiscal year 2026-27 with an outlay of Rs17.5718.8 trillion. The bill introduces tax relief for higher-income individuals and businesses, abolishes duties on certain beverages, and adjusts excise duties on electric vehicles and imported phones.
The PPP has announced that local government elections in Sindh will be held in 2027, while challenging the PML-N to hold similar polls in Punjab and Islamabad within 90 days. PML-N leader Saad Rafique has opposed holding Punjab polls on the Sindh model, and analysts note that Punjab has lacked an elected local tier since December 2021.
US Secretary of State Marco Rubio said Gulf countries have 'zero support' for introducing a toll or fee system in the Strait of Hormuz, and that Washington categorically rejects any such payment scheme. A joint US–GCC statement also ruled out holding charges on transit through the strategic waterway, as the two sides stressed the need to reopen it for free navigation.
Israeli Defense Minister Israel Katz announced that IDF forces will remain indefinitely in security zones in Lebanon, Syria, and Gaza, citing border protection. This comes as US-Iran agreements on ceasefires and nuclear talks advance, while Iran warns of a decisive response to any Israeli attack on Beirut.
A series of powerful earthquakes struck Venezuela, killing hundreds and leaving thousands missing. International aid and rescue teams are mobilizing as the country faces its worst natural disaster in over a century.
Iran's parliament speaker Mohammad Bagher Ghalibaf has rejected US claims that Tehran's unfrozen assets will be used to buy American agricultural goods, while US officials insist the funds will be spent on US products. The dispute highlights differing interpretations of the recent US-Iran framework agreement.
Oil prices have dropped to levels not seen since before the Iran war began in late February, as traffic through the Strait of Hormuz gradually resumes following a US-Iran interim deal. The resumption has allowed stranded tankers, including Iraqi crude cargoes, to exit the Gulf, though analysts caution that a sustained recovery hinges on a final peace pact.
US Secretary of State Marco Rubio concluded a Gulf tour with assurances that any deal with Iran would safeguard allies' security, as Gulf states fear the accord is too soft. He also denied reports that Israel is trying to undermine the agreement, while Iranian sources warn that US statements during the visit risk derailing the ceasefire.
US Secretary of State Marco Rubio told Gulf Arab allies that any deal with Iran would take their interests into account, as he wrapped up a regional tour in Bahrain. The visit aimed to sell the preliminary US-Iran accord to skeptical partners, while Iran's negotiator called the deal a 'declaration of America's defeat'.
As Europe faces a record-breaking heatwave, Asian manufacturers of air conditioners and fans, including Samsung, Midea, and Alibaba's platforms, are seeing significant sales growth. Reports highlight double-digit growth in key markets like Italy, Spain, and France, with some products selling out and supply chains straining to meet demand.