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Global oil production is facing a major cut, raising concerns about rising fuel prices, energy supply disruptions, and swatch ap increased pressure on international markets. Analysts warn that reduced crude oil output could impact economies worldwide and further intensify volatility in energy prices.

#OilProduction #CrudeOil #GeoNews #breakingnews #OilPrices #EnergyCrisis #GlobalMarkets #BusinessNews #FuelPrices #geoheadlines

The latest update covers: 10 AM Headlines Geo News (12 May 2026) TimeStemp:

0:04 – Dhaka Test: Bangladesh continues its second innings on the final day, securing a 228-run lead with 5 wickets down.

0:16 – Landsliding triggered by rain in Lower Kohistan; Karakoram Highway blocked, stranding passengers and cargo.

0:32 – Weather Update: Rain predicted for upper Punjab and KP, while severe heat persists in Sindh and Southern Balochistan.

0:43 – Iranian Speaker Baqer Qalibaf: No alternative but to accept the 14-point proposal regarding the rights of the Iranian people.

1:12 – President Trump rejects new Iranian proposals as "foolish" and threatens to maintain pressure until a deal is reached.

1:26 – China expresses interest in mediating the Strait of Hormuz conflict; President Xi to discuss Iran, Taiwan, and Russia.

1:48 – UK Crisis: Senior cabinet ministers demand a resignation timetable from PM Keir Starmer following local election defeats.

2:12 – Pressure mounts on Starmer as 72 Labour MPs seek his resignation amid economic policy failures and scandals.

2:51 – Six martyred and seven injured in Israeli airstrikes on Southern Lebanon; border shelling continues.

3:02 – Mohyuddin Wani appointed DG Pakistan Sports Board; now oversees three major administrative roles including Hockey Federation.

3:17 – OPEC Report: Oil production hits 26-year low; Kuwait records zero crude exports in April due to Strait of Hormuz closure.

3:41 – Saudi oil production drops to 7 million barrels per day following infrastructure attacks; UAE, Venezuela, and Libya see growth.

4:08 – Hero of Kohat: Civilian 'Liaquat' martyred while preventing a suicide bomber from attacking a sensitive check post.

4:35 – Interior Minister and Railway Minister pay tribute to the bravery of Liaquat, calling him a national hero.

5:01 – President Zardari and PM Shehbaz meet to discuss Afghanistan, regional security, and economic relief for the public.

5:36 – Defense Minister Khawaja Asif warns of decisive action following the Bannu attack; alleges India-sponsored proxy war via Afghanistan.

6:02 – Khawaja Asif vows to settle the score for every drop of blood, stating Afghanistan will face consequences similar to past conflicts.

6:21 – Pakistan lodges strong protest with Afghanistan; Afghan Charge d'Affaires summoned over the Bannu police post attack.

6:39 – Foreign Office: Technical intelligence proves the Bannu attack was planned in Afghanistan; 15 police personnel martyred.

7:10 – Innovation at Masjid Quba: AI-powered autonomous robot taxis introduced for pilgrims in the inner courtyard.

7:34 – Film Launch: Trailer for Pakistan’s first major zombie action-thriller 'Zombay' released, starring Fahad dansby swanson Mustafa and Mehwish Hayat.

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Oil Production Faces Major Cut | 10 AM Headlines Geo News (12 May 2026) Cisco Stock (qJyl07sZP1)