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Pakistan places $1.5 billion Sudan weapons sale on hold after Saudi objection, sources say

ISLAMABAD, April 20 (Reuters) – Pakistan has put a $1.5 billion deal to supply weapons and jets to Sudan on hold after Saudi ​Arabia asked for the agreement to be terminated and said it would not finance ‌the purchase, two Pakistani security sources and a diplomatic source said. The conflict between Sudan’s army and the paramilitary Rapid Support Forces has stoked the world’s worst humanitarian crisis for around three years, turning into a flashpoint for competing foreign interests ​and threatening to break up the Red Sea country, a major gold producer. Reuters first reported a ​deal was in the final

Doubts over talks between Iran and US after violence flares in Strait of Hormuz

ISLAMABAD, April 20, 2026 (AP) — Pakistan moved ahead Monday with preparations for a new round of talks between the United States and Iran two days before a tenuous ceasefire is set to expire, even as renewed conflict around the Strait of Hormuz raised questions about whether the meeting would take place. Over the weekend, the U.S. attacked and seized an Iranian-flagged cargo vessel that it said had tried to evade its blockade of Iranian ports. Iran’s joint military command vowed to respond, and its Foreign Minister Abbas Aragchi told his Pakistani counterpart that American threats to Iranian ships and

Rupee falls 19 paise to settle at 93.10 against US dollar

Mumbai, Apr 20 (PTI) The rupee pared its initial gains and settled with a loss of 19 paise at 93.10 (provisional) against the US dollar on Monday, after fresh tension in West Asia led to an increased demand for the American currency and kept crude prices steady. Forex traders said the local currency remained under pressure due to a fresh standoff between the US and Iran that led to a closure of the Strait of Hormuz, disrupting global supply. At the interbank foreign exchange market, the rupee opened at 92.73 and touched an intra-day high of 92.70 against the greenback.

Sensex, Nifty settle flat in volatile trade as crude oil rebounds

Mumbai, Apr 20 (PTI) Benchmark indices Sensex and Nifty closed almost unchanged in a volatile session on Monday as investors turned cautious amid mounting geopolitical headwinds and rising crude oil prices. The 30-share BSE Sensex closed marginally up 26.76 points or 0.03 per cent at 78,520.30. During the day, it hit a high of 78,942.45 and a low of 78,203.30, gyrating 739.15 points. The 50-share NSE Nifty edged up 11.30 points or 0.05 per cent to settle at 24,364.85. Among the 30-Sensex firms, Trent, State Bank of India, Asian Paints, NTPC, Bajaj Finance and InterGlobe Aviation were the major winners.

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