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US midterms put Trump’s political standing to the test Federal govt announces reduction in petroleum prices Cyberattack affects dozens of supermarkets across Europe Simple egg white face mask for your skincare routine 'Meer-e-Karwan Tum Ho' conference highlights climate challenges Major tech companies resist Trump's latest tariff push against Vietnam Netflix crime thriller 'Collision Course' tops global charts after release Field Marshal Asim Munir, Liu Haixing discuss bilateral ties at GHQ Sindh bans CNG, LPG cylinders in school vans Bird flu outbreak spreads across US poultry farms, infects 1.32m birds Pakistan fined 5% of match fees for slow over-rate in tri-nation final Pakistan to deregulate LPG pricing, add targeted subsidies Pakistan explores tokenizing Eurobond debt, Finance Minister says Karachi to get first mechanical garbage transfer system Pakistan bound LNG carrier attacked near Strait of Hormuz despite Iranian clearance US consortium proposes $4.4 billion LNG project in Pakistan US midterms put Trump’s political standing to the test Federal govt announces reduction in petroleum prices Cyberattack affects dozens of supermarkets across Europe Simple egg white face mask for your skincare routine 'Meer-e-Karwan Tum Ho' conference highlights climate challenges Major tech companies resist Trump's latest tariff push against Vietnam Netflix crime thriller 'Collision Course' tops global charts after release Field Marshal Asim Munir, Liu Haixing discuss bilateral ties at GHQ Sindh bans CNG, LPG cylinders in school vans Bird flu outbreak spreads across US poultry farms, infects 1.32m birds Pakistan fined 5% of match fees for slow over-rate in tri-nation final Pakistan to deregulate LPG pricing, add targeted subsidies Pakistan explores tokenizing Eurobond debt, Finance Minister says Karachi to get first mechanical garbage transfer system Pakistan bound LNG carrier attacked near Strait of Hormuz despite Iranian clearance US consortium proposes $4.4 billion LNG project in Pakistan

Israel suffers $6b economic loss amid conflict with Iran

Israel suffers $6b economic loss amid conflict with Iran

TEL AVIV: Israel has reportedly suffered an economic loss of $6 billion due conflict with Iran, according to a foreign news agency.

The report suggests that Israel's GDP could shrink by 1% as a result of the war. Additionally, the Central Bank of Israel has acknowledged severe damage to national infrastructure caused by the conflict.

Meanwhile, Israeli Prime Minister Benjamin Netanyahu said in a statement that the victory against Iran has opened the doors of peace, with this victory there is an opportunity for a dramatic extension in peace agreements that we are working vigorous.

Netanyahu said that there was a chance to release the hostages and defeat Hamas, which we will not waste.

Earleir, Iran’s Ambassador to Pakistan, Reza Amiri-Moghaddam, had praised Pakistan for standing firmly with Iran and expressing solidarity in the wake of the recent Israeli attacks.

In a message posted on social media platform X, the ambassador stated, “Pakistan’s unwavering support and solidarity in response to the unjust aggression imposed by the Zionist regime on Iran is truly commendable.”

He appreciated Pakistan’s principled stance during a critical time, highlighting the strength of bilateral ties between the two nations. He said that the Iranian nation will never forget this brotherly spirit and support from the Pakistani people.

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