देश-विदेश

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    Trump criticizes oil companies over high profits a…

    US President Donald Trump has criticized major oil companies over their growing profits, saying that energy firms are earning excessive amounts of money amid rising fuel prices. His remarks come as global oil markets face uncertainty due to geopolitical tensions and disruptions affecting energy supplies. Speaking to reporters at the White House, Trump said he supports free markets but expressed dissatisfaction with what he described as unusually high earnings by oil companies. He stated that while businesses have the right to operate freely, current market conditions have allowed some energy companies to generate profits beyond what he considers reasonable. The increase in crude oil prices has significantly boosted the revenues of several major energy companies worldwide. Market uncertainty linked to tensions between the United States and Iran has contributed to higher oil prices, creating favorable conditions for large oil producers and companies. Saudi Arabia’s state-owned oil giant Saudi Aramco reported a significant increase in quarterly profit, announcing earnings of $33.4 billion, compared with $25.2 billion during the same period last year. This represents a substantial rise in profits. US-based energy companies have also recorded strong financial results. ExxonMobil reported quarterly earnings of $14.5 billion, more than double compared with the previous year. Meanwhile, Chevron posted a profit of $12.1 billion, marking a significant increase from the same period previously. British energy company Shell also reported nearly $10 billion in quarterly profits, making it one of the company’s strongest financial performances in recent years. While energy companies benefit from higher crude oil prices, consumers in the United States have faced increased fuel costs. Average petrol prices have risen significantly since the beginning of the conflict-related market disruptions, adding further pressure on households already dealing with inflation. Fuel prices have become a major political issue ahead of the upcoming midterm elections. Lowering petrol costs has emerged as a key priority for the Trump administration, as high energy prices often influence public opinion and economic sentiment. A major factor behind the rise in oil prices has been disruption in key shipping routes, including the Strait of Hormuz, one of the world’s most important energy corridors. Reduced oil transportation through the region has affected global supply and contributed to market volatility. Although diplomatic efforts have reportedly aimed at reducing tensions and improving shipping access, uncertainty remains in global energy markets. Security concerns in the Red Sea and Bab el-Mandeb Strait have also affected oil transportation routes. Energy analysts believe that major oil companies may continue benefiting from elevated prices in the short term. However, they suggest that increased global supply or improved conditions in strategic waterways could eventually push crude oil prices lower. The ongoing debate highlights the challenge faced by governments worldwide: balancing energy company profits, market stability, and the need to provide affordable fuel for consumers.

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    Egypt’s Salman Khalil defeats Pakistan’s Nasir Iqbal 

      Egypt’s Salman Khalil emerged victorious at the PN Fleet Club Open International Squash Championship after defeating Pakistan’s Nasir Iqbal in a thrilling final held at the Pakistan Navy Roshan Khan-Jahangir Khan Squash Complex in Karachi. The prestigious tournament, organized by the Sindh Squash Association, concluded with an impressive display of world-class squash and highlighted the growing of the event. Third-seeded Salman Khalil from Egypt outclassed Pakistan’s experienced player Nasir Iqbal in straight games to claim the championship title. Khalil secured the victory with game scores of 14-12, 11-3, and 13-11, demonstrating remarkable consistency, skill, and composure throughout the contest. Although Nasir Iqbal fought hard and received strong support from the home crowd, he was unable to overcome the Egyptian’s aggressive play and tactical brilliance. The final attracted several distinguished guests from Pakistan’s sports and military communities. Commander Karachi, Vice Admiral Faisal Amin, attended the event as the chief guest and distributed prizes among the winners and runners-up. The ceremony was also graced by the presence of Pakistan’s squash legend and former world champion Jahangir Khan, along with former Governor of Sindh Moinuddin Haider, who praised the high standard of competition and encouraged young players to pursue excellence in the sport. The championship featured a total prize purse of US$41,000 making it one of the most significant squash tournaments held in Pakistan this year. The event attracted talented players from different countries and provided local athletes with an opportunity to compete against international opponents on home soil. Speaking at the closing ceremony, Vice Admiral Faisal Amin expressed his satisfaction over the successful organization of the tournament. He said that hosting an international squash championship of this caliber was a positive step for Pakistan’s sporting landscape. He reaffirmed the Pakistan Navy’s commitment to promoting sports and supporting athletes through the organization of national and international competitions. According to him, such events help revive Pakistan’s rich sporting traditions while inspiring the younger generation to participate in healthy and competitive activities. Sindh Squash Association President Adnan Asad also addressed the audience during the prize distribution ceremony. He revealed that several more high-prize-money squash tournaments are being planned in the near future. He emphasized that the responsibility now lies with the players to work hard, improve their skills, and seize the opportunities being created for them. Asad expressed confidence that regular international competitions would contribute significantly to the development of Pakistani squash. Former world champion Jahangir Khan shared his hopes for the future of Pakistani squash. He said he dreams of seeing Pakistani players qualify for the Los Angeles Olympic Games and ultimately win the country’s first Olympic gold medal in squash. Jahangir stressed that achieving such success would require unwavering dedication, discipline, and hard work. He urged young players to focus solely on their training and performance if they aspire to become legends like Jahangir Khan and Jansher Khan, whose achievements once made Pakistan the dominant force in world squash. The successful conclusion of the PN Fleet Club Open International Squash Championship reflects Pakistan’s continued efforts to revive its historic legacy in squash by hosting international competitions, nurturing emerging talent, and providing athletes with valuable exposure at the highest level.

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    Talks accelerate to fully reopen Strait of Hormuz 

      Efforts to fully reopen the Strait of Hormuz, one of the world’s most strategically important maritime trade routes, are gaining momentum as diplomatic contacts between the United States and Iran continue to show encouraging progress. According to reports preparations are underway to restore unrestricted commercial navigation through the vital waterway, with an official announcement expected within the next few hours or by Wednesday. The Strait of Hormuz serves as a critical shipping corridor connecting the Persian Gulf to international waters, carrying a significant share of the world’s crude oil, liquefied natural gas, refined petroleum products, and other essential commodities. Any disruption in traffic through the strait has immediate consequences for global energy markets and international trade. Arab television channels have claimed that discussions aimed at fully reopening the waterway have advanced considerably. The reports suggest that diplomatic negotiations have entered their final stages and that an agreement could soon be announced, allowing commercial vessels to resume normal operations after a period of uncertainty. Earlier, U.S. Treasury Secretary Scott Bessent also expressed optimism regarding the ongoing negotiations. Speaking to media in Washington , he said there was a strong possibility that an agreement to reopen the Strait of Hormuz could be reached by Tuesday or Wednesday.Talks between Washington and Tehran are focused on ensuring the uninterrupted movement of commercial ships through the strategic passage while restoring stability to the region. During the interview, the Treasury Secretary noted that negotiations are continuing with the aim of normalizing the security situation in the Strait of Hormuz and guaranteeing safe passage for international shipping. He emphasized that both sides are engaged in discussions designed to reduce tensions and facilitate the free flow of maritime commerce. When asked whether Iran would be permitted to collect toll fees from vessels passing through the Strait of Hormuz, Bessent dismissed the possibility. He clarified that the proposed arrangement is based on the principle of complete freedom of navigation for all commercial vessels. According to him, the agreement is intended to ensure that ships from every nation can transit the waterway without facing additional charges or restrictions. If finalized, the agreement is expected to have far-reaching economic benefits. In addition to restoring the uninterrupted export of crude oil from Gulf producers, it would also enable the smooth transportation of fertilizers, refined petroleum products, industrial gases, and numerous other essential commodities. Industry experts believe that the reopening of the strait would significantly improve global supply chains that have been disrupted by regional tensions. Another major benefit of the proposed agreement would be the release of hundreds of commercial vessels currently delayed or stranded in the Persian Gulf due to security concerns. Allowing these ships to resume their voyages would ease congestion, reduce shipping costs, and improve delivery schedules for international trade. Economists suggest that a full reopening of the Strait of Hormuz could also help stabilize global energy markets. Increased supplies of crude oil and petroleum products would likely ease concerns over shortages, potentially leading to lower international oil prices. Reduced transportation costs could further contribute to price relief across several sectors, including manufacturing, agriculture, and consumer goods. While optimism surrounding the negotiations has grown, officials have yet to announce a formal agreement. Diplomatic efforts remain ongoing, and both governments are expected to continue discussions until a final framework is approved. Observers around the world are closely monitoring developments, as the outcome of these talks could have a significant impact on global trade, energy security, and regional stability. If the anticipated agreement is reached, it would mark an important diplomatic breakthrough, restoring confidence in one of the world’s busiest maritime corridors and helping normalize commercial activity throughout the Gulf region.

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    Constitution, rule of law and strong defence key to Pakistan’s future, says Senator Abdul Qayyum

    LONDON:  Constitutional supremacy, the rule of law, a vibrant economy and a strong defence are the four pillars that will safeguard Pakistan’s sovereignty and ensure its long-term stability, former Chairman of the Senate Standing Committee on Defence Production Senator Lt Gen (R) Abdul Qayyum HI(M) said in London. Addressing a Pakistan Independence Day reception organised by the International Lawyers Club UK (ILCUK) in London to mark Pakistan’s 79th Independence Day, the President of the Pakistan Ex-Servicemen Society (PESS) said Pakistan’s independence was won through “immense sacrifices, visionary leadership and the constitutional struggle led by Quaid-e-Azam Muhammad Ali Jinnah.” “Among the greatest blessings of Allah Almighty is living as free citizens of an independent and sovereign Pakistan,” he said, adding that the country’s freedom “is not merely inherited but has to be continuously protected through unity, discipline and national resolve.” Paying tribute to Pakistan’s Armed Forces, Senator Abdul Qayyum said the military had repeatedly defended the country’s sovereignty and territorial integrity against external aggression, terrorism and hybrid threats. “Our Armed Forces have successfully confronted external aggression, terrorism and various hybrid threats because of the determination of our people and the sacrifices, professionalism and courage of our soldiers,” he said. “The nation takes pride in its internationally respected Armed Forces, which have repeatedly defended Pakistan’s sovereignty and territorial integrity.” He warned that Pakistan continued to face a range of internal and external challenges, including terrorism, foreign-sponsored insurgency, disinformation campaigns, sectarianism and political polarisation. He stressed that operations against terrorists and armed militants should be viewed as a constitutional responsibility of the state rather than political repression. “Action against armed militants, terrorists and those working against the state should not be misconstrued as repression, but rather as the constitutional responsibility of the state to protect the lives and property of its citizens,” he said. While acknowledging the importance of democratic freedoms, Senator Abdul Qayyum said freedom of expression must be exercised responsibly. “Freedom of expression and difference of opinion should never come at the expense of national security,” he said, adding that unity between the people, constitutional institutions and the Armed Forces remained “the strongest guarantee of Pakistan’s sovereignty, stability and democratic future.” Highlighting the historic contribution of lawyers to the Pakistan Movement, he said the legal fraternity had played a decisive role in achieving independence through constitutional means. He urged lawyers and barristers to continue defending the Constitution, upholding the rule of law and strengthening democratic institutions. Turning to Pakistan’s future priorities, the senator called for strict adherence to constitutional governance, separation of powers, an independent judiciary and impartial accountability. He also advocated comprehensive industrial and agricultural reforms, greater investment in education, science, research and artificial intelligence, modernisation of Pakistan’s defence capabilities and stronger border security. Referring to criticism of the military, Senator Abdul Qayyum said retired servicemen, pensioners of second-line forces and civilians associated with the defence sector stood firmly behind the Armed Forces. “Those who demonise this sacred institution in the national and international media do no service to the country,” he said, urging the media to report responsibly and avoid undermining institutions responsible for safeguarding Pakistan’s security. Concluding his address, Senator Abdul Qayyum called on Pakistanis at home and abroad to renew their commitment to strengthening national institutions, rebuilding the economy, educating future generations and honouring the sacrifices of the nation’s martyrs. “I am confident that through unity, collective effort and by placing national interests above political differences, Pakistan will emerge stronger, more resilient and more prosperous in the years ahead,” he said.

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    Trump claims progress in extended negotiations with Iran as warnings of escalation persist

    US President Donald Trump stated in a televised interview that American officials engaged in an “all-day negotiation” with Iranian representatives, describing the discussions in optimistic terms while reiterating threats of severe military action should an accord fail to materialise. Speaking on Fox News, President Trump indicated that diplomatic exchanges were advancing constructively, expressing expectations that the strategic Strait of Hormuz, closed since the onset of hostilties in late February, would reopen to commercial transit shortly. However, the chief executive cautioned that failure to reach a finalised agreement would prompt intensive military strikes against Iranian targets. The remarks stand in contrast to official statements from Tehran, where Iranian diplomatic representatives continue to deny direct bilateral engagements with Washington. Qatari officials, serving alongside Omani representatives as regional mediators, verified that progress has been made toward establishing navigation protocols through the waterway. The diplomatic friction occurs against the backdrop of broader international concern regarding potential strikes on energy and civil infrastructure, which legal scholars and human rights monitoring organisations note could constitute violations under the Geneva Conventions.

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    Cameroonian President Paul Biya reshuffles military leadership amidst prolonged absence in Switzerland

    Cameroon’s 93-year-old President, Paul Biya, the world’s oldest sitting head of state, has enacted a strategic reshuffle of the country’s military leadership from abroad, issuing decrees to promote senior officers and appoint new commanders while remaining in Geneva, Switzerland. Among the key appointments, Biya promoted five colonels to the rank of brigadier general. Notably, Brigadier General Raymond Jean Charles Beko’o Abondo was reappointed to lead the elite Presidential Guard, an essential security unit responsible for the president’s personal protection that he has commanded since 2013. The administrative shifts coincide with growing domestic anxiety regarding Biya’s absence from Cameroon, which has extended to nearly two months following his departure on 7 June for what officials termed a “brief private stay”. Opponents and civil society groups have voiced concern over an institutional vacuum, noting that a newly created vice-presidential seat remains vacant and a promised cabinet overhaul has yet to materialise. Government representatives, including Communication Minister René Emmanuel Sadi, dismissed claims of administrative paralysis or health crises, maintaining that the president remains fully operational and continues to sign official decrees and financial agreements from abroad.

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    Arson suspect charged as catastrophic wildfires devastate Spokane County

    A 37-year-old man has been charged with first-degree arson in connection with one of three uncontained wildfires burning across Spokane County, Washington, as emergency crews continue to combat blazes that have destroyed hundreds of structures and forced tens of thousands to flee their homes. Spokane County Sheriff John Nowels confirmed that Aaron F. Farinacci was arrested on Monday in relation to the Old Trails Fire and is being held on a $1 million bond. According to law enforcement officials, a witness reported seeing Farinacci kneeling near the location where the fire originated on Saturday, shortly before smoke was observed rising from the brush. Responding officers subsequently located the suspect carrying waterproof matches and a butane lighter. Investigators utilised body-worn camera footage to obtain an official arrest warrant. The Old Trails, Autumn Lane, and Fairview fires have collectively scorched more than 10,000 acres across the region. None of the three blazes has been contained, presenting an ongoing challenge for emergency personnel navigating difficult weather conditions and dry vegetation. Washington Governor Bob Ferguson described the emergency in stark terms during a broadcast interview, characterising the destruction across urban and suburban zones as severe. He noted that entire residential neighbourhoods within the city of Spokane have been largely wiped out by the advancing flames. Local authorities estimate that more than 700 structures have been completely destroyed, with an additional 10,000 properties remaining under immediate threat. Roughly 65,000 residents across Spokane County have been ordered to evacuate as containment efforts proceed. Emergency services confirmed that no fatalities or injuries have been verified to date.

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    Progressive Abdul El-Sayed and moderate Haley Stevens lock horns in high-stakes Michigan Democratic Senate primary

    Voters across Michigan headed to the polls on Tuesday for a pivotal Democratic Senate primary that has emerged as a major battleground testing the ideological direction of the party. Former public health director Abdul El-Sayed faced four-term US Representative Haley Stevens in a fierce contest to secure the nomination to replace retiring Democratic Senator Gary Peters. The election night watch party for El-Sayed in Detroit saw left-wing commentator Hasan Piker launch a sharp critique against the Democratic political establishment while speaking to media representatives. Piker praised El-Sayed’s campaign as an “issues-first” movement, asserting that grassroots engagement carried greater weight than financial backing. Piker drew specific attention to external campaign funding, taking aim at the more than $30 million (£23.5 million) poured into the race by political action committees affiliated with the American Israel Public Affairs Committee (AIPAC) in support of Stevens. Describing the influx of negative advertising against El-Sayed as a “heinous smear campaign”, Piker expressed hope that mainstream Democrats would learn from El-Sayed’s approach. He also dismissed suggestions that the candidate or his high-profile backers would prove to be a general election liability, arguing that voters are disillusioned with personality-driven politics and seeking structural policy changes. Throughout the primary, the candidates presented starkly contrasting visions for the party’s future in the battleground state. El-Sayed, who gained endorsement from Senator Bernie Sanders, focused his platform on reducing corporate influence in politics, expanding healthcare access, and providing economic support to working families. Responding to characterisations regarding his political stance, El-Sayed clarified that he advocates for regulated capitalism rather than socialism. Conversely, Stevens leaned on her tenure in the US House of Representatives and her previous role in the Obama administration, positioning herself as a pragmatic candidate with the legislative track record needed to retain the seat. While earlier polling indicated El-Sayed held a slight edge, surveys suggested Stevens might hold broader appeal amongst moderate voters in the upcoming general election. The political friction surrounding the primary also drew public commentary from US President Donald Trump, who characterised the race as a contest between a “communist and a socialist.” The winning Democratic nominee will move on to face Republican candidate Mike Rogers in the November general election, a race anticipated to play a crucial role in determining party control of the US Senate.

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    French and British coastguards rescue over 150 migrants following engine fire in English Channel

    Joint emergency response teams from France and the United Kingdom rescued 157 migrants after their vessel caught fire during an attempted crossing of the English Channel early on Tuesday morning. The vessel, which departed from the northern coast of France near Normandy, was under monitoring by French maritime authorities when its engine caught fire in France’s search-and-rescue zone close to British territorial waters. The blaze caused the boat’s condition to deteriorate rapidly, forcing emergency crews to initiate an immediate extraction operation involving naval helicopters, lifeboats, and medical units from both nations. Prior to the engine fire, French patrol vessels had retrieved five individuals who requested medical aid overnight. Maritime officials noted that passengers making irregular crossings frequently decline preventative assistance from coastal patrols, accepting aid only when confronted with catastrophic emergencies. All rescued individuals were disembarked at the northern French port of Boulogne-sur-Mer for formal health evaluations and processing. Authorities confirmed that no fatalities were recorded during the incident.

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    Commercial shipping through critical Middle Eastern corridors stays subdued amidst mixed diplomatic signals

    Commercial vessel traffic through key maritime chokepoints in the Middle East, specifically the Strait of Hormuz and the Bab el-Mandeb, remained virtually unchanged, as maritime operators maintained a cautious stance amid conflicting signals regarding diplomatic negotiations. Data tracked by maritime analytics firm Kpler showed that eight vessels transited the Strait of Hormuz, consisting of five tankers and three bulk carriers, matching the previous day’s tally. Six of the vessels were inbound toward the Persian Gulf, while two made the outbound journey. Prior to the escalation of hostilties in late February and subsequent Iranian restrictions across the waterway, the strait typically logged between 130 and 140 daily vessel movements. Concurrently, tracking data recorded an Abu Dhabi National Oil Company (ADNOC) liquefied natural gas (LNG) carrier, the Mubaraz, emerging outside the Strait of Hormuz bound for India’s Dahej terminal in Gujarat. The shipment represents the third successful LNG transit by the vessel carrying cargo loaded from Das Island since regional maritime disruptions intensified. At the Bab el-Mandeb strait, daily transits held steady with 20 vessels passing through the passage, evenly split between entries and exits. Industry analysts emphasized that published transit totals reflect only ships navigating with active Automatic Identification System (AIS) transponders, noting that a significant volume of commercial traffic continues to operate with disengaged transponders to mitigate security risks. The persistent stagnation in maritime trade follows conflicting geopolitical communications. While Qatari mediators indicated progress in preliminary discussions aimed at bringing an end to hostilties, official statements from Tehran denied direct bilateral talks with Washington, noting instead that discussions mediated through Oman remain focused on managing navigation and security protocols through the strait.