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Crude oil prices surge in international market

Crude oil prices

International crude oil prices recorded a notable increase in global markets, driven by rising demand and ongoing geopolitical uncertainties.

Brent crude surged by 3.76 percent to reach $109 per barrel, reflecting strong upward momentum in the energy market.

Meanwhile, West Texas Intermediate (WTI) crude also posted gains, rising by 2.77 percent to settle at $97.17 per barrel.

Analysts attribute the increase to tightening supply conditions and heightened tensions in key oil-producing regions, which continue to influence global price trends.

A rise in global oil prices has weighed on US stock futures, with S&P 500 futures falling by 0.3 percent.

Market analysts say the focus remains firmly on the Strait of Hormuz, a critical route for oil shipments from the Middle East. Ongoing tensions between the United States and Iran have raised concerns over potential supply disruptions, leading to an imbalance in global supply and demand.

Economists warn that the surge in crude oil prices could have direct implications for developing economies like Pakistan, where higher fuel costs may further intensify inflationary pressures and increase the overall cost of living.

PSL introduces Pashto commentary for the first time

PSL introduces

LAHORE: The Pakistan Super League (PSL) will feature Pashto commentary for the first time, marking a significant step toward inclusivity and regional engagement.

The initiative has been introduced in collaboration with Peshawar Zalmi, with Pashto commentary set to be streamed on a digital platform during the team’s remaining matches in the tournament.

Peshawar Zalmi will face Islamabad United in the Qualifier. A win will secure their place in the final, while a defeat will send them into the Eliminator.

The grand final of PSL 11 is scheduled to take place on May 3 at Gaddafi Stadium

PCB announces ticket details for PSL 11 qualifier in Karachi

PCB announces

KARACHI: The Pakistan Cricket Board (PCB) has released important information regarding tickets for the Pakistan Super League (PSL) Season 11 Qualifier scheduled to be held on April 28 in Karachi.

The playoff stage of the Pakistan Super League Season 11 begins tomorrow, with Peshawar Zalmi set to face Islamabad United in the Qualifier.

Fans can purchase e-tickets for the match through the official PCB ticketing portal. Ticket holders will be able to gain entry by scanning their mobile e-tickets at the stadium or by presenting a printed copy.

The PCB has set a uniform ticket price of Rs500 for all enclosures at National Bank Stadium.

Physical tickets will be available at designated TCS box office counters located at China Ground, opposite the stadium.

According to the PCB, e-ticket sales will begin tonight, while physical tickets will go on sale from tomorrow morning.

Details regarding tickets for the Eliminator matches scheduled in Lahore on April 29 and May 1 will be announced soon.

It is noteworthy that Prime Minister Shehbaz Sharif has already approved spectator entry for all PSL 11 playoff matches.

PM Shehbaz allows spectators for all PSL 11 playoff matches

PM Shehbaz

ISLAMABAD: Prime Minister Shehbaz Sharif has granted permission for spectators to attend all three playoff matches of the Pakistan Super League (PSL) Season 11.

According to a statement issued by Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on X, fans will now be allowed to enter stadiums for playoff fixtures scheduled in Karachi and Lahore.

Mohsin Naqvi further stated that the Prime Minister has directed spectators to use public transport when traveling to stadiums to ensure smooth arrangements and avoid congestion.

Earlier, the Prime Minister had approved spectator entry for the PSL 11 final. The latest decision extends this permission to all playoff matches.

Prior to this, Mohsin Naqvi also met the Prime Minister to discuss the overall security situation and arrangements for fan attendance during PSL matches. The Prime Minister expressed satisfaction over security measures in place during the ongoing regional diplomatic developments.

The playoff stage begins tomorrow, with Peshawar Zalmi set to face Islamabad United in the Qualifier in Karachi. The first Eliminator will be played in Lahore between Hyderabad Kingsmen and Multan Sultans, followed by the second Eliminator on May 1 at the same venue.

The grand final of PSL 11 is scheduled for May 3 at Gaddafi Stadium.

SpaceX reportedly offers $60b to acquire Pakistani founder’s AI startup ‘Cursor’

SpaceX reportedly

KARACHI: Elon Musk’s SpaceX has reportedly made a massive $60 billion offer to acquire AI startup “Cursor,” founded by Karachi-born entrepreneur Sualeh Asif.

According to reports, the deal could also include an alternative $10 billion strategic partnership option, signaling strong interest in the company’s cutting-edge artificial intelligence capabilities.

Cursor is known for developing AI-powered coding automation tools, positioning itself among leading global AI firms such as OpenAI and Anthropic.

If finalized, the agreement would allow Cursor’s engineering team access to SpaceX’s advanced supercomputing infrastructure, enabling the development of next-generation coding and AI systems.

Saleh Asif co-founded Cursor at Massachusetts Institute of Technology along with three partners. He also represented Pakistan at the International Mathematical Olympiad between 2016 and 2018.

The startup has seen rapid growth, raising $2.3 billion in funding in November 2025 and reportedly surpassing $1 billion in annual revenue, with its valuation exceeding $29 billion.

Industry experts say the potential deal could mark one of the largest-ever transactions involving a Pakistani-founded startup, highlighting the growing global impact of talent emerging from the country.

PM Shehbaz, Ishaq Dar review regional security after Araghchi call

PM Shehbaz

ISLAMABAD: Following a telephone call from Iranian Foreign Minister Abbas Araghchi, Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar briefed Prime Minister Shehbaz Sharif on his discussions and the latest diplomatic developments.

During the meeting, the two leaders reviewed the regional security situation and concerns over rising tensions, while also holding detailed discussions on the expected second round of talks between the United States and Iran.

Ishaq Dar apprised the prime minister of ongoing diplomatic efforts, including Pakistan’s role in facilitating dialogue between the two sides. Shehbaz Sharif described the expected arrival of the Iranian delegation as a significant diplomatic development.

Both leaders agreed to closely monitor the evolving situation, with the prime minister issuing key policy and diplomatic directives aimed at promoting peace and stability in the region.

Shehbaz Sharif also directed that high-level diplomatic engagements be intensified and consultations continue, reaffirming Pakistan’s commitment to de-escalation, confidence-building, and advancing the negotiation process.

Amir, Faheem fined for code of conduct breach in PSL 11 clash

Amir

LAHORE:  Mohammad Amir and Faheem Ashraf have been fined for breaching the code of conduct during the 34th match of the Pakistan Super League Season 11.

The incident occurred during the match between Islamabad United and Rawalpindiz’s side, where the two players were involved in a heated exchange.

The altercation began after Faheem Ashraf was dismissed off a delivery by Mohammad Amir. Amir gestured the batter to walk back, prompting a reaction from Faheem, who moved towards him. The situation briefly escalated before teammates intervened and separated the two.

Following the incident, the match referee imposed a fine of 10 percent of the match fee on each player for violating the code of conduct. Both cricketers accepted their mistake.

Naseem Shah suffers knee injury during PSL 11 match

Naseem Shah suffers

RAWALPINDI: Pakistan fast bowler Naseem Shah sustained a knee injury during an Pakistan Super League Season 11 match against Islamabad United while fielding, raising concerns over his availability for upcoming fixtures.

The pacer, representing Rawalpiniz, managed to bowl only two overs before leaving the field due to discomfort.

According to the team’s media manager, Naseem Shah suffered a knee injury during fielding, and the medical team is currently assessing his condition. Further updates will be provided in due course.

Meanwhile, Bangladeshi fast bowler Mustafizur Rahman has reportedly had his NOC for PSL withdrawn, ruling him out of the remaining matches. Another Bangladeshi pacer, Nahid Rana, has also returned home, further impacting squad availability.

PSX turns positive as Iran-US talk’s news boost investor sentiment

PSX turns positive

Karachi: The Pakistan Stock Exchange (PSX) rebounded sharply into positive territory following reports of an Iranian delegation’s expected visit to Pakistan for the second round of Iran-US talks.

The benchmark KSE-100 Index surged by 1,498 points to close at 170,672 points. Earlier in the trading session, the index had plunged by 2,165 points to 167,007 points before reversing its losses.

Market analysts linked the recovery to emerging diplomatic developments, including expectations of renewed dialogue between Iran and United States, with Pakistan playing a mediating role.

In global commodities, crude oil prices also declined amid easing geopolitical concerns. Brent crude fell from $107 to $104 per barrel, while West Texas Intermediate (WTI) dropped by $2 to trade near $95 per barrel.

According to sources, Iranian Foreign Minister Abbas Araghchi is expected to arrive in Islamabad, while a US delegation may also travel to Pakistan as part of ongoing diplomatic engagements aimed at facilitating peace talks.

Yami Gautam opens up about Quran study for character in ‘Haq’

Yami Gautam opens

Mumbai: Bollywood filmmaker Supran Verma has revealed that actress Yami Gautam studied the Quran as part of her preparation for her role in the upcoming film “Haq”.

In an interview with a British media outlet, the director said that Yami Gautam made a dedicated effort to understand her character “Shazia Bano” more deeply by studying the Holy Quran, a process that reportedly took her around four months.

He added that the film also includes references from the Quran and concludes with the word “Iqra,” reflecting its thematic focus.

Verma explained that the project aimed to address misconceptions about Islam and present a more informed and accurate perspective, especially in an era where information is widely available but often confusing or misleading.

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He further stated that he worked on the film’s religious and social context for nearly one and a half years, consulting multiple sources and drawing insights from Muslim friends to ensure authenticity.

According to him, the film also touches on sensitive social issues such as “triple talaq” and attempts to present the concept of “mehr” as a social contract rather than a misunderstood tradition.

The director raised broader questions about social change, asking whether women’s conditions have significantly improved over the past 40 years, noting that many still face social pressure, discrimination, and legal challenges.

“Haq” is reportedly inspired by the real-life story of Shazia Bano and is based on the book “Bano: Bharat Ki Beti”. The film features Emraan Hashmi alongside Yami Gautam in lead roles.