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Oil prices rose by over $1 on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East to try to contain regional tensions as the Israel-Hamas conflict rages.
Brent crude futures were up $1.10, or 1.42%, at $78.69 a barrel, while U.S. West Texas Intermediate crude futures rose $1.45, or 2.01%, to $73.64 by 1551 GMT.
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Pakistan's Senate on Friday approved a non-binding resolution seeking a delay in the general election, citing cold weather and security concerns, increasing the political uncertainty ahead of the planned polls on February 8. The resolution, tabled by independent Senator Dilawar Khan, received overwhelming support in the upper house of Pakistan's Parliament but was slammed as "unconstitutional" by major political parties. The Election Commission of Pakistan (ECP) also rejected the Senate's resolution and clarified that elections will be held on February 8, 2024.
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The Supreme Court on Friday agreed to consider listing of the pleas challenging the political parties' practice of promising pre-election freebies to voters.
A bench comprising Chief Justice D Y Chandrachud and Justices JB Pardiwala and Manoj Misra was urged by senior advocate Vijay Hansaria, appearing for one of the PIL petitioners, that the matters are part-heard and needed to be adjudicated upon.
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Topics :Jammu and Kashmir terror attackJammu and Kashmirborder security forceterrorists attackterrorist groupsShopian firingShopian shootingIndia Nepal tiesEarthquakeS JaishankarIndia Economic growthIndia's economic growthGDP forecast
First Published: Jan 05 2024 | 8:42 AM IST