Pakistan trying to buy Russian oil at $50 per barrel

Islamabad: Cash-strapped Pakistan is making concerted efforts to procure Russian crude oil at USD 50 per barrel, at least USD 10 per barrel less than the price cap imposed by the G7 countries due to Moscow’s invasion of Ukraine, media reports said on Sunday. Pakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase crude at discounted rates from Russia. pti

8 die after boat capsizes off San Diego coast

San Diego: At least eight persons were killed when two suspected smuggling boats approached a San Diego beach and one capsized, and crews are searching Sunday for an estimated seven additional victims, authorities said. A woman on one of the panga-style boats called 911 late Saturday to report that the other vessel had overturned in waves off Blacks Beach, according to US Coast Guard Petty Officer Richard Brahm. ap

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