Pakistan summons Tehran envoy as four soldiers killed in attack from ‘Iranian soil’

Security personnel patrol with vehicles on a street in Quetta, Balochistan, on March 25, 2020. (AFP/File)
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Updated 20 January 2023
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Pakistan summons Tehran envoy as four soldiers killed in attack from ‘Iranian soil’

  • Pakistan says militants launched attack from across the border on soldiers in Balochistan’s Panjgur district
  • The foreign office reported summoned the Iranian envoy, asked to ‘prevent recurrence of such incidents’

ISLAMABAD: Pakistan on Thursday called on Iranian authorities to hold accountable “responsible elements” behind an attack a day earlier in which four security personnel were killed in a region bordering Iran, with the foreign office reportedly summoning Tehran’s envoy in Islamabad to express concern on the matter. 

The Pakistan army said on Wednesday “Iranian soil” had been used to launch an attack on soldiers on patrol duty in Balochistan’s Panjgur district.

Iran and Pakistan have for years accused each other of not doing enough to stamp out militants allegedly sheltering across their lengthy, shared border, which has long been plagued by unrest from both drug smuggling gangs and separatist and religious militants.

“Pakistan strongly condemns the terrorist attack from across the Iran border,” Pakistani foreign office spokesperson Mumtaz Zahra Baloch told reporters at a media briefing. “Terrorists used the territory of Iran and we hope that Iran will act against the responsible elements.”

Baloch said Pakistan had never allowed its territory to be used against Iran.

“Iran also should not allow its territory to be used for terrorism against Pakistan,” the spokesperson added.

Pakistan also reportedly summoned the Iranian ambassador to express “grave concern over the terrorist attack.” The ambassador was said to have been asked to bring the perpetrators to justice and “prevent recurrence of such incidents.”

In a press statement, the Iranian embassy in Islamabad condemned Wednesday’s attack and sent condolences to the families of the deceased.

“Terrorism is the common pain of Iran,” the statement said, “and Pakistan and both countries have fallen victim to this nefarious trend.”

In 2019, Iran and Pakistan said they would form a joint quick reaction force to combat militant activity on their shared border, but little has been reported since on the force’s work.

Pakistan has seen a spike in militant attacks in recent weeks, with most linked to the outlawed Tehreek-e-Taliban Pakistan group, or TTP, that unilaterally ended a cease-fire with the Pakistani government last November. The Pak Institute for Peace Studies, an Islamabad-based think tank, said Pakistan was hit by 254 militant attacks in 2022.


Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

Updated 05 March 2026
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Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

  • Pakistan has sought Saudi help to secure oil supplies via Red Sea port after Iran’s closure of Strait if Hormuz
  • Analyst says higher crude oil prices, expectations of IMF releasing next loan tranche also triggered bullish activity

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies through the Red Sea port eased oil supply fears, a financial analyst said. 

Pakistani stocks have recorded a sharp decline this week, with the benchmark KSE-100 index recording its largest-ever single-day decline on Monday when it plunged 16,089 points. Escalating conflict in the Middle East triggered panic selling at the Pakistani bourse, forcing a temporary trading halt on Monday. 

The KSE-100 index, however, gained 3.49 percent or 5,433.46 points to close at 161,210.67 when trading ended on Thursday, up from the previous close of 155,777.21 points, according to Pakistan Stock Exchange’s (PSX) data.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Said Al-Malki on Wednesday to discuss Iran’s closure of the key Strait of Hormuz, which has threatened Pakistan’s energy supply. Roughly 20 percent of the global oil and gas supply passes through the route. Saudi Arabia indicated it could facilitate shipments through the Red Sea port of Yanbu, offering an alternative route if Gulf shipping lanes remain disrupted, the petroleum ministry said on Wednesday. 

“Stocks staged a sharp recovery at PSX amid institutional activity on easing fuel supply fears after KSA [Kingdom of Saudi Arabia] commits oil supplies through the Red Sea port,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

He said higher global crude oil prices and expectations of the International Monetary Fund releasing its next tranche of the $7 billion loan for Pakistan also helped bullish activity at the PSX.

An IMF mission was in Pakistan to hold talks on the third review of a $7 billion Extended Fund Facility multi-year program, and for the second review of the $1.4 billion Resilience and Sustainability Facility this week.

However, the delegation left for Türkiye amid tensions in the Gulf. Pakistani officials have said talks are likely to continue virtually in the coming days. 

Pakistani brokerage Topline Securities said in its daily market review report that strong institutional buying “turned the tide” on Thursday after the market’s recent overreaction to regional issues.

The report added that Hub Power Company (HUBC), Oil & Gas Development Company (OGDC), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Meezan Bank Limited (MEBL) collectively contributed 2,197 points to the KSE benchmark’s gain.

Topline Securities said 723 million shares were traded on Thursday, with K-Electric Limited (KEL) stealing the spotlight as more than 1.17 billion shares changed hands.

Pakistani investors are closely monitoring developments in the Gulf, particularly around energy routes and further retaliatory actions, as the conflict’s trajectory remains uncertain.