Four soldiers killed as militants attack army garrison in southwestern Pakistan

Pakistani troops patrol along Pakistan-Afghanistan border at Big Ben post in Khyber district in Khyber Pakhtunkhwa province August 3, 2021. (AFP/File)
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Updated 12 July 2023
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Four soldiers killed as militants attack army garrison in southwestern Pakistan

  • Attack claimed by new terror group, Tehrik-e Jihad Pakistan, which announced itself in February this year
  • Five militants attacked Zhob garrison with guns and grenades early morning, Zohb deputy commissioner says

QUETTA: The Pakistan army said on Wednesday four soldiers had been killed in an exchange of fire with militants who launched an attack on a garrison in the southwestern Balochistan province.

A new terrorist group, the Tehrik-e Jihad Pakistan (TJP), which announced itself in February this year, claimed responsibility for the attack in a statement shared with media. In the past, attacks on security forces and other targets in Balochistan have been carried out largely by the Baloch Liberation Army and other separatist groups that call for complete independence for the arid mountainous province that is Pakistan’s largest by territory but smallest by population and most backward in terms of almost all social and development indicators.

Balochistan is also home to a number of China-backed economic projects under its Belt and Road Initiative (BRI), against which some militants have launched attacks.

“On 12 July 23, in early hours of the morning, a group of terrorists launched a dastardly attack on Zhob Garrison in Northern Balochistan,” the military’s media wing said in a statement, saying three militants and four soldiers had been killed in an exchange of fire.

“A clearance operation by security forces is underway to apprehend the remaining two terrorists as well.”

Azeem Kakar, Deputy Commissioner Zhob, told Arab News five militants had attacked the security compound at 2am with heavy guns and hand grenades.

“Five people were injured and three terrorists were killed in the attack but the security forces are still engaged to clear the compound,” Kakar said.

Balochistan borders Afghanistan to the north, Iran to the west and has a long coastline on the Arabian Sea. It has Pakistan’s largest natural gas field and is believed to have many more undiscovered reserves.

It is also rich in precious metals including gold, the production of which has grown over recent years.

Most separatist groups in Balochistan operate independently, but some recent reports in local media have pointed to increasing cooperation between them.


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.