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Search underway after cargo plane disappears off Pakistan coast

Preliminary flight-tracking data indicated the aircraft experienced significant fluctuations in altitude before entering a steep descent.

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A search operation is under way after a Boeing 737 cargo aircraft carrying five crew members disappeared off the coast of Pakistan’s southern port city of Karachi, aviation authorities said.

The aircraft, operated by K2 Airways, lost contact with air traffic control at 9:21 p.m. local time on Tuesday while flying from Sharjah in the United Arab Emirates to Karachi.

According to Pakistan’s airport authority, the crew had reported a navigation system malfunction shortly before the aircraft rapidly lost altitude and vanished from radar.

Preliminary flight-tracking data indicated the aircraft experienced significant fluctuations in altitude before entering a steep descent.

K2 Airways, a private cargo airline based in Karachi, confirmed that five crew members were on board and said it is fully cooperating with the Pakistan Civil Aviation Authority and other government agencies investigating the incident.

“Our thoughts and prayers remain with our colleagues, and we continue to hope for their safe recovery,” the airline said in a statement.

Pakistan’s airport authority said search and rescue efforts are being carried out by multiple agencies, including the Pakistan Navy and Pakistan Air Force, as teams scour waters off the Karachi coastline for the missing aircraft.

The incident is the most serious aviation emergency reported in Pakistan since the 2020 crash of a Pakistan International Airlines passenger jet near Karachi, which claimed 97 lives while two people survived.

 

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Iran says Pakistan’s army chief to visit Tehran on Monday

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Pakistan’s army chief Asim Munir will visit Tehran on Monday to continue efforts to bring peace ​and security to the region, Iran’s foreign ministry spokesperson Esmaeil ‌Baghaei said on Sunday, according to a statement by the ministry.

Pakistan has taken on a mediator role in negotiations between Iran and the U.S. aimed ​at ending the war which began with U.S. and ​Israeli strikes on Iran in February.

Two Pakistani government sources confirmed ⁠Munir’s visit to Reuters. The first source said that Iran ​and Pakistan were in direct contact.

A second source said the talks ​would also address recent developments in the conflict, including U.S. President Donald Trump’s threat of tougher sanctions on Iran.

“He (Munir) will discuss peace under Islamabad’s MoU, Trump’s ​warning and the situation after the Pakistan-Turkey-Saudi Arab Agreement and Houthi ​issues with Iranian leaders,” the source said.

The visit comes amid heightened tensions as ‌Iran threatens ⁠a military response to U.S. plans for sanctions that could further put a strain on the Islamic Republic’s ailing economy.

It will coincide with a Monday announcement on details related to the planned sanctions which ​U.S. officials have ​said would be “the ⁠toughest sanctions in history” on Iran.

Trump had warned of economic consequences against any country that provided “any type ​of lifeline to Iran” as he seeks to isolate ​the ⁠Islamic Republic.

Oil shipments are at a virtual standstill in the Strait of Hormuz, with Tehran threatening to strike any unauthorized oil tankers that ⁠try to ​transit the vital waterway, and Iran’s ​economy is already under immense pressure from sanctions.

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Iran grants permission for a number of Iraqi oil tankers to pass through Hormuz

Iraq produced around 4 million barrels of oil per day before ​the outbreak of the Iran war.

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Iran has granted permission for a number ​of Iraqi oil tankers to pass through the ‌Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state news agency IRNA reported on Saturday.

IRNA ​said obtaining special permission for Iraqi tankers was ​one of Baghdad’s main requests during Iranian ⁠parliament speaker Mohammad Baqer Qalibaf’s visit to Iraq.

Iraqi ​President Nizar Amedi said on Saturday that Iran had facilitated ​the passage of vessels carrying Iraqi oil through the Strait in recent days and Baghdad had discussed the export of ​Iraqi oil through Hormuz with Iranian officials.

The issue ​remained complicated, he added, speaking at the Baghdad Dialogue policy conference.

Iraq ‌has ⁠been among the countries most affected by Iran’s effective closure of the Strait of Hormuz. Traffic in the strait remains significantly below pre-war levels and ​ships continue to ​face attacks ⁠in the area.

Iraq produced around 4 million barrels of oil per day before ​the outbreak of the Iran war.

Baghdad is ​working to ⁠expand its exports through Turkey’s Ceyhan port and also to begin exporting oil through Syria’s Baniyas port ⁠and Jordan’s ​Aqaba port, Prime Minister Ali ​al-Zaidi said on Friday.

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US says it will impose ‘toughest sanctions in history’ on Iran

Iran has weathered near-continuous, punishing economic sanctions for nearly 50 years, since the Islamic Revolution of 1979.

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U.S. Treasury chief Scott Bessent said the United States will impose “the toughest sanctions in history” on Iran, a move he suggested would lessen the need for new major military operations, Reuters reported.

Bessent’s comments on Thursday followed President Donald Trump’s threat a day earlier of “Economic Warfare” and warning of economic consequences against any country that provided “any type of lifeline to Iran.” Bessent promised details next week.

Oil prices rose to more than a three-week high on Thursday following those U.S. threats of financial penalties aimed at forcing an end to a nearly six-month-old war that has stranded millions of barrels of Middle Eastern oil.

“I’m not sure why oil has popped up on this,” Bessent told CNBC. “If we are doing the maximum economic pressure, then that means that likely there will not be a large-scale kinetic restart,” he said, using a term referring to military force.

Thousands have been killed in the conflict, which drew in Gulf nations and shocked markets as Iran flexed its ability to curb shipping through the Strait of Hormuz — a ⁠waterway that carried about a fifth of all traded oil before February.

The U.S. and Iran have twice announced ceasefire deals, in April and June, aiming to restore the free flow of shipping through Hormuz on a path towards ending the conflict, but both quickly crumbled, read the report.

Iran has weathered near-continuous, punishing economic sanctions for nearly 50 years, since the Islamic Revolution of 1979.

Before Bessent spoke, Iran’s foreign ministry said it condemned U.S. economic and trade sanctions, calling them “economic terrorism” that would not “create even the slightest hesitation in Iranians’ determination to safeguard Iran’s independence, dignity and national sovereignty.”

Bessent told CNBC he would share more details on the latest package and “talk about exactly what we’re going to do” on Iran at a press conference on Monday.

“It is a one-two punch. We have the blockade (on Iran), and we are going to have the toughest sanctions in history,” he added, referring to a U.S. naval blockade imposed on Iran in April and paused for a month in mid-June.

“It is going to work in Iran and we are going to collapse this regime. It is time for our allies and the ⁠rest of the world to make a decision,” he said.

China buys more than 80% of Iran’s shipped oil, according to 2025 data from analytics firm Kpler, but engaging in further economic warfare with China, a major exporter to the U.S. including vital rare-earth minerals, risks retaliation against Washington.

When asked if the United States could target China for doing business with Iran, Bessent said many conversations were best to have in private.

“Keep in mind that the Chinese get 50% (of their) energy… from the Gulf. So it would do them a big service to get with the program,” he said.

China’s embassy in Washington said “sanctions ⁠and pressure do not help resolve the problem.”

“China calls on the relevant parties to take responsible actions and resolve the issue through political and diplomatic means,” according to an embassy spokesperson.

In a social media message on Wednesday, Trump promised “Economic Warfare and Isolation on an unprecedented scale.” He did not say what specific steps the U.S. would take or name any country, though the warning would appear to ⁠extend to U.S. allies that have helped mediate peace talks.

“ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences,” Trump wrote.

Trump, however, is under pressure at home to end the unpopular war, with high fuel prices dragging down his approval ratings and potentially threatening his ⁠party’s control of Congress in midterm elections in November, Reuters reported.

Iranian Foreign Minister Abbas Araqchi called Trump’s comments an attempt to divert American public opinion from domestic financial problems, including record debt and rising interest rates.

He said Washington’s insistence on policies he described as failed would bring further failures and alienate Iranians.

Trump’s social media threats and announcements are not always implemented as written.

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