ISLAMABAD: Electric vehicle (EV) manufacturers have voiced serious concerns over the lack of charging infrastructure and high upfront costs, warning that these obstacles could derail Pakistan’s clean energy ambitions. The concerns were raised during a consultative meeting held by the Ministry of Climate Change and Environmental Coordination (MoCCEC) on Friday, chaired by Secretary Aisha Humera Moriani. The meeting focused on accelerating the transition to electric mobility, scaling up EV charging stations, retrofitting fuel-powered vehicles, and exploring financing options to make EVs more accessible. Industry representatives emphasized the urgent need for…
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Trump says US nears trade deals as tariff effective date delayed
MORRISTOWN, New Jersey, July 6 (Reuters) – The United States is close to finalizing several trade agreements in the coming days and will notify other countries of higher tariff rates by July 9, U.S. President Donald Trump said on Sunday, with the higher rates scheduled to take effect on August 1. Trump and other top officials had flagged the August 1 date earlier, but it was unclear if all tariffs would increase then.Asked to clarify, Commerce Secretary Howard Lutnick told reporters the higher tariffs would take effect on August 1,…
Read MoreUnfiltered water’ from Indus pumped directly to homes in Hyderabad
HYDERABAD: A major public health concern has surfaced across Hyderabad as large portions of the city’s densely populated neighbourhoods continue to receive untreated water drawn directly from the Indus River. The issue, long shrouded in administrative ambiguity and contradictory claims, came under sharp scrutiny when the Sindh Environmental Protection Agency (SEPA) conducted an unannounced inspection of the Jamshoro Filtration Plant, raising fresh alarms over water quality and civic negligence. SEPA officials accompanied by Deputy Director Technical Imran Ali Abbasi collected water samples from key operational chambers, including the lagoon site,…
Read MoreOPEC+ set to make another accelerated oil output hike on Saturday, sources say
LONDON: Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources from the producer group told Reuters, as they seek to regain market share. The group, which includes Saudi Arabia, Russia, the UAE, Kuwait, Oman, Iraq, Kazakhstan and Algeria, is expected to agree to an increase of 411,000 barrels per day for August, several sources told Reuters, speaking on condition of anonymity. If agreed, OPEC+ would have increased supply targets by about 1.78 million bpd, or 1.5% of global oil…
Read MoreDiscount on Russian Urals oil shipped to India is smallest since 2022, traders say
MOSCOW/NEW DELHI: Discounts for Russia’s flagship Urals crude oil for delivery to Indian ports in August shrank to their narrowest levels since 2022 amid high demand and shrinking spot supply, three traders in the grade’s market said on Friday. Narrowing discounts and lower supply of spot Russian barrels will push Indian refiners to look for alternative oil like United Arab Emirates’ Murban or U.S. West Texas Intermediate (WTI) grades, traders said. The narrowing discount shows how Moscow is managing to keep its oil sales up despite Western sanctions, while its…
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