Pakistan's top oil refiners see profits surge more than 1,860%
Pakistan's four largest listed oil refineries saw their combined profits soar by more than 1,860 per cent in the quarter ending September 2026,...
Saudi Arabia is discussing a defence deal with the United States which it hopes to seal when Crown Prince Mohammed bin Salman visits the White House next month, the Financial Times reported.
A senior Trump administration official told the Financial Times there were "discussions about signing something when the crown prince comes, but the details are in flux.”
The FT said the deal in discussion was similar to the recent U.S.-Qatar pact that pledged to treat any armed attack on Qatar as a threat to the United States. The U.S. deal with Qatar came after Israel last month attempted to kill leaders of Hamas with an air strike on Doha.
The U.S. State Department told the FT that defence co-operation with the kingdom was a "strong bedrock of our regional strategy," but declined to comment on details of the potential deal.
The U.S. State Department, the White House and the Saudi government did not respond to a Reuters request for comment on the FT report.
Saudi Arabia has long sought guarantees similar to the Qatar deal as part of Washington's efforts to normalise relations between Riyadh and Israel. Last month, Saudi Arabia signed a mutual defence pact with nuclear-armed Pakistan.
Iranian Supreme Leader Ayatollah Khamenei has ordered Iran's armed forces to respond to any threat immediately and without geographical limits in statements posted to social media platforms on Saturday (31 October).
Gen Z protests swept 34 German cities on Saturday (31 October) over education and living costs. Violence erupted in Frankfurt, where shops were looted and police reported Molotov cocktail attacks.
A six-day humanitarian ceasefire in the Russian-held Ukrainian town of Oleshky ended on Sunday, 1 November, after facilitating aid deliveries and civilian evacuations.
Thousands protested in Albania's capital, Tirana, on Saturday (31 October), demanding Prime Minister Edi Rama's resignation over perceived corruption allegations and dissatisfaction with the government over a lack of jobs and poor education standards.
Saudi Aramco's acquisition of a 49 per cent stake in artificial intelligence (AI) company HUMAIN is putting a spotlight on a wider investment question: why are some of the world's biggest energy companies moving deeper into AI, and what do they expect to gain?
ADIPEC 2026, the world's largest energy event, opened in the UAE capital on Monday, bringing governments and energy companies together at a time of heavy pressure on global supply.
The U.S. administration has reportedly proposed restarting Russian gas supplies to Europe through Ukraine as part of efforts to secure an energy ceasefire ahead of winter.
Israeli forces have withdrawn from the entire city of Hebron in the southern West Bank after a 10-day military operation that displaced thousands of Palestinians and left homes demolished, infrastructure damaged and businesses disrupted, according to the city's governor.
The United Nations is ending its 35-year peacekeeping mission in Western Sahara after the Security Council failed to agree on renewing its mandate, UN Secretary-General António Guterres announced on Sunday.
Kimi Antonelli became Formula One's youngest world champion at 20 years and 68 days old on Sunday when he finished third for Mercedes in a red-flagged and restarted Mexico City Grand Prix won by Red Bull's Max Verstappen.
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