The conflict has created a new opportunity for Pakistan to act as a transshipment hub, as cargo was rerouted through Karachi for onward shipment to other destinations.
Opposition walks out as Speaker Sadiq responds to Mehmood Khan Achakzai's criticism of him; opposition leader also accuses govt of “clipping the wings” of the judiciary and “trampling the Constitution”.
Topics expected to be discussed include housing policy, urban development, investment confidence, infrastructure planning and the future outlook of Pakistan’s real estate industry.
Joint statement by mediators Pakistan and Qatar says technical talks to continue for the rest of the week in Switzerland; Iran, US agree to set up a “communication line” to avoid incidents in the Strait of Hormuz.
Estimates losses of around Rs105bn for refineries and marketing companies; several OMCs warn of possible bankruptcy amid already shrinking foreign participation in sector.
