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Netanyahu Seeks Renewed Strikes on Iran, Calls Trump Daily, Financial Times Reports

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TEL AVIV: Israeli Prime Minister Benjamin Netanyahu is reportedly pushing for renewed military strikes against Iran and has been holding daily telephone conversations with US President Donald Trump to advance his position, according to a report by the Financial Times.

Citing sources familiar with the discussions, the British newspaper reported that Netanyahu’s efforts to resume military operations against Iran have raised concerns among anti-war circles both inside and outside the White House. These groups are reportedly working to prevent a fresh military confrontation.

The report said several regional leaders are also urging President Trump to avoid further escalation with Iran and prioritise diplomatic negotiations over military action.

Netanyahu’s reported push for renewed strikes has also raised concerns among Arab and Muslim leaders, who fear that another round of attacks could trigger wider instability across the Middle East.

However, another source familiar with the situation in Israel told the Financial Times that although Netanyahu wants renewed military action against Iran, no formal campaign is currently underway to persuade Trump to support the move.

Meanwhile, President Trump said on Monday that Gulf countries do not favour launching a new military operation against Iran.

Following a meeting with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, Trump wrote on his social media platform, Truth Social, that Qatar, Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait and other countries would prefer to maintain the current situation.

According to the Financial Times, Netanyahu is serving as caretaker prime minister following inconclusive elections held in Israel last month. He reportedly supports renewed joint US-Israeli airstrikes aimed at removing Iran’s government from power.

In contrast, Trump has indicated progress towards ending the nearly nine-month-long war with Iran, saying the possibility of fresh US strikes against the country now appears considerably lower.

A diplomat who attended Trump’s meeting with the Qatari prime minister told the Financial Times that both leaders agreed diplomacy should remain the preferred route towards reaching an agreement with Iran.

The report further stated that Turkish President Recep Tayyip Erdogan, Saudi Crown Prince Mohammed bin Salman, UAE President Sheikh Mohamed bin Zayed Al Nahyan and Qatari Emir Sheikh Tamim bin Hamad Al Thani have also contacted Trump in recent days.

These regional leaders have urged the US president to give diplomatic efforts with Iran more time and refrain from resuming military operations.

Regional leaders fear that renewed attacks on Iran could prompt a large-scale retaliatory response from Tehran, potentially affecting other Middle Eastern countries and further destabilising the region.

Iran has also warned that it is prepared to retaliate if attacked again, cautioning that the conflict could extend beyond the Middle East.

Meanwhile, mediation efforts to secure a ceasefire and an interim agreement between Washington and Tehran have continued for several weeks. However, significant differences between the two sides remain unresolved.

According to the Financial Times, an interim agreement based on a seven-day proposal presented by Iran in September is also being discussed during negotiations. However, Trump had previously rejected the proposal.

Separately, Qatar-based broadcaster Al Jazeera reported on Monday, citing an informed source, that positive progress had been made on the Iran issue during separate meetings between the Qatari prime minister, President Trump and US Vice President JD Vance.

A diplomatic source said the meetings were aimed at narrowing differences between Washington and Tehran and finding a way forward to advance negotiations.

On the other hand, Iran’s semi-official Fars News Agency, citing an unidentified Iranian official, denied reports that negotiations were underway to release Iran’s $8 billion in frozen assets in exchange for reopening the Strait of Hormuz.

According to the Iranian official, Tehran will negotiate with Washington only on the basis of seven conditions it has presented to the United States. These include ending the naval blockade and unilateral sanctions, releasing Iran’s frozen assets and securing a complete end to the war.

It is worth mentioning that the United States and Israel launched attacks against Iran on February 28. A memorandum of understanding aimed at ending the fighting was subsequently reached in July. However, hostilities resumed following a breakdown in diplomatic efforts.

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Government Announces Reduction in Petrol Prices

Petrol Prices

KARACHI: The government has announced a reduction in petrol prices.

According to a notification issued by the Oil and Gas Regulatory Authority (OGRA), the price of petrol has been reduced by Rs. 2 per litre, while the price of diesel remains unchanged.

As per the notification, the new price of petrol has been fixed at Rs. 330 per litre, while diesel will continue to be sold at Rs. 360 per litre.

The revised prices of petrol and diesel will take effect from November 14.

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Commerce Minister Jam Kamal Khan Engages Global Investors at Pakistan Minerals Investment Forum 2026

Jam-Kamal

Islamabad: Federal Minister for Commerce Jam Kamal Khan visited the Pakistan Minerals Investment Forum (PMIF) 2026 at Jinnah Convention Centre, Islamabad, where he explored exhibition booths highlighting Pakistan’s mineral resources, mining projects and investment opportunities.

During the visit, the Minister held meetings with ambassadors, trade commissioners, international investors and business representatives to discuss trade cooperation, foreign investment and global partnerships in the minerals sector. Speaking to international media, he highlighted Pakistan’s mineral potential and emphasized the importance of mineral exports, value addition and investment.

He reaffirmed the government’s commitment to facilitating investors and promoting Pakistan’s mineral resources as a driver of export-led economic growth.

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Qaiser Ahmed Sheikh Meets MSC CEO Soren Toft in Geneva to Explore Investment Opportunities in Pakistan

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Geneva: Federal Minister for Board of Investment, Mr. Qaiser Ahmed Sheikh, met Mediterranean Shipping Company (MSC) CEO Mr. Soren Toft at the company’s office in Geneva to discuss potential investment opportunities and strengthen MSC’s business engagement with Pakistan.

The Minister highlighted Pakistan’s strategic location and the investment potential of its major seaports, including Karachi Port, Port Qasim and Gwadar. Mr. Toft expressed MSC’s interest in exploring investment opportunities in Pakistan, particularly in port infrastructure, shipping, logistics and supply-chain services. The Minister also invited an MSC delegation to visit Pakistan, an invitation welcomed by the company, which agreed to arrange a visit.

The meeting marked a positive step towards strengthening Pakistan’s maritime and logistics sectors, enhancing trade connectivity and attracting foreign investment. The Government reaffirmed its commitment to facilitating international investors and translating investment interest into concrete business partnerships.

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