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Senior security official dismisses speculation that Pakistan could be next target after US-Israeli strikes on Iran

ISLAMABAD: A senior security official on Monday dismissed speculation that after Iran , Pakistan could be the next target of US-Israeli military action, saying such perceptions were “devoid of facts” and were being spread by “agents of chaos”. According to a brief shared with Dawn , the official said Pakistan was unlike Iran, that it was fully integrated with the world and fully capable of defending itself. He said that those spreading “alarmist narratives” were pursuing “nefarious and vested interests.” His remarks came amid an escalating war in the Middle East in which Israel and the United States, for the second time in eight months, launched coordinated strikes against Iran. Tehran retaliated by targeting Israeli territory and American military facilities in neighbouring countries, raising fears of a wider regional conflagration. Following the US-Israeli airstrikes, there has been speculation and concerns that Pakistan could face similar aggression. Some analyses from Western t...

Death toll from girls’ school attack in Iran surges to 148

• Israeli military says ‘unaware of the attack’ • US claims strike reports being looked into • Malala urges all states, parties to ‘safeguard schools’ PARIS: The death toll from the Israeli strikes that hit a girls’ school in southern Iran surged to 148, with nearly 100 others wounded, Al Jazeera reported. While Iranian officials claimed the attack on the Shajareh Tayyebeh girls’ elementary school in the Minab city killed more than 100 people, neither the United States nor Israel confirmed that any such attack has taken place. Israel’s military on Sunday said it was “not aware” of any US or Israeli strike on any school in Iran. When asked about the strikes on school, Israel’s military spokesman Lt-Col Nadav Shoshani said, “At this point not aware of an Israeli or an American strike there… We’re operating in an extremely accurate manner.” However, The New York Times later quoted a CENTCOM spokesperson as saying: “We are aware of reports concerning civilian harm resulting from ...

UAE halts stock markets for two days after Iran strikes

The United Arab Emirates (UAE) has ordered its stock markets closed on Monday and Tuesday as the country reels from Iran’s retaliatory missile and drone strikes , in a sign of the growing economic disruption sweeping the Gulf. Iran carried out the strikes in Gulf countries that have US bases and assets after joint attacks on the Islamic republic by Israel and America. The UAE Capital Markets Authority said the Abu Dhabi Securities Exchange and Dubai Financial Market would remain shut on March 2 and March 3, citing its supervisory and regulatory role over the country’s capital markets. “The Authority will continue to monitor developments in the region and assess the situation on an ongoing basis, taking any further measures as necessary,” it said in a statement. The UAE’s two exchanges are home to some of the region’s most valuable listed companies. The closure keeps billions of dollars in listed assets in suspension as investors await clarity on the scale of damage from Saturda...

How US-Iran tensions could shape world markets

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The United States and Israel launched strikes on Iran on Saturday, targeting its leadership and plunging the Middle East into a new conflict that President Donald Trump said would end a security threat and give Iranians a chance to topple their rulers. The strikes put nearby oil-producing Gulf Arab countries on edge as fears of escalation grew, and Tehran responded by launching missiles towards Israel. Here’s how the conflict could play out across world markets. Oil spike Oil is the main barometer of Middle East tension. Iran is a major producer and lies opposite the oil-rich Arabian Peninsula across the Strait of Hormuz, through which about 20 per cent of global oil supply passes. Conflict could limit oil entering the global market and push up prices. Brent crude traded on Friday around $73 a barrel, already up by a fifth this year. Some oil majors and top trading houses suspended crude oil and fuel shipments via the Strait of Hormuz because of the attacks, four trading sour...

Who is Ayatollah Ali Khamenei?

US President Donald Trump says Iran’s Supreme Leader Ayatollah Ali Khamenei “is dead”. His claim came hours after Israel and the US launched an attack on Iran and followed reports quoting Israeli officials as saying that Khamenei had been assassinated. But, subsequent Iranian media reports said that Khamenei was “steadfast and firm in commanding the field”. Khamenei, 86, became Iran’s highest authority in 1989, following the death of the Islamic Republic’s founder, Ayatollah Ruhollah Khomeini. As supreme leader, he has held ultimate control over Iran’s political, military and religious institutions, shaping domestic policy and guiding foreign relations. An article published in Al Jazeera says “critical to Khamenei’s power is the loyalty of two of Iran’s premier security institutions – the Islamic Revolutionary Guard Corps (IRGC) and the Basij paramilitary forces, which have hundreds of ⁠thousands of volunteers”. Khamenei upheld the conservative vision of his predecessor, Khomein...

Govt hikes petrol price by Rs8, high-speed diesel by Rs5

The government on Saturday raised the price of petrol by Rs8 per litre and that of high-speed diesel (HSD) by Rs5.16 per litre for the next fortnight, according to a press release issued by the Petroleum Division. Following the increase, the price of petrol has jumped from Rs258.17 to Rs266.17 while the HSD price now stands at 280.86. According to the press release, the government has revised the petroleum products’ prices based on the Oil and Gas Regulatory Authority’s recommendations. The new prices are effective from March 1, the press release said. Petrol is mostly used in private transport, small vehicles, rickshaws and two-wheelers and has a direct bearing on the budget of the middle and lower-middle class. While the heavy transport sector runs on HSD, its price is considered inflationary as it is mostly used in heavy transport vehicles, trains and agricultural engines like trucks, buses, tractors, tube-wells and threshers, and particularly adds to the prices of vegetables a...

Israeli strikes kill seven more Palestinians across Gaza

• Israel’s Supreme Court freezes ban on foreign aid organisations in enclave • US public sympathy shifts to Palestinians over Israel, new Gallup poll reveals CAIRO: Relentless Israeli attacks killed at least seven Palestinians in Gaza on Friday, medics said, adding to a death toll of at least 600 people killed by Israeli fire since a US-brokered ceasefire agreement came into effect last October. Gaza’s health officials reported that in southern Gaza, five people were killed and several others were injured, some critically, in Israeli drone strikes. The strikes targeted two police checkpoints in Khan Yunis and in the Abu Hujair area northwest of the Bureij refugee camp later in the day, medics said. Separately, an Israeli airstrike against a group of Palestinians in Gaza City’s Tuffah neighbourhood in northern Gaza killed two people and wounded several others. Ban on NGOs frozen Meanwhile, Israel’s Supreme Court decided in a ruling published on Friday to freeze a government ban o...