Islamabad (PTI): Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari has threatened that blood would flow in rivers if water is stopped, in a sharp response to India's decision to suspend the Indus Waters Treaty (IWT) after the Pahalgam terror attack.

"The Indus is ours and will remain ours - either our water will flow through it, or their blood," the former foreign minister was quoted as saying by The News on Friday while addressing a public rally in the Sukkur area of his home Sindh province.

The Indus flows through the province, and the Indus Valley Civilisation city of Mohenjo-Daro flourished on its banks. And Bilawal said that Prime Minister Narendra Modi has claimed India is heir to a civilisation thousands of years old, "But that civilisation lies in Mohenjo-daro, in Larkana. We are its true custodians, and we will defend it."

Bilawal said that Modi cannot sever the aeons-old bond between the people of Sindh and the Indus, adding that "the Indian government has cast its eyes on Pakistan's water, and the situation demands unity among all four provinces to defend and protect their water."

He said that neither the people of Pakistan nor the international community would tolerate Modi's "warmongering" or any attempts to divert the Indus waters away from Pakistan.

"We will send a message to the world that robbery on the Sindhu won't be accepted."

The PPP chairman urged his supporters to prepare for a resolute struggle to defend their river from Indian aggression.

Bilawal, who has also served as Pakistan's youngest foreign minister, said the country and its people condemned the recent terrorist attack in India because Pakistanis themselves remain victims of terrorism.

India on Wednesday downgraded diplomatic ties with Islamabad. That call was taken by India after the attack on Tuesday in Pahalgam that killed 26 people, mostly tourists.

The Resistance Front (TRF), a proxy of the banned Pakistan-based Lashkar-e-Taiba, claimed responsibility for the attack.

In response to India's decision to suspend the IWT, Pakistan on Thursday threatened to suspend the Simla Agreement and put other bilateral accords with India on hold. Pakistan also suspended all trade, closed its airspace for Indian airlines and said any attempt to divert the water meant for it under the Indus Water Treaty will be considered an Act of War.

The Simla Agreement was signed in 1972. The treaty, signed in Shimla, was inked by then Prime Minister Indira Gandhi and Pakistani President Zulfikar Ali Bhutto, Bilawal's grandfather.

Also, the PPP chairman announced on Friday that the federal government has now agreed to subject the construction of the controversial six new canals to consensus among all provinces.

"I want to share that the federal government has decided that no new canals will be built without consensus in the CCI (Council of Common Interests)," he said.

CCI is a high-powered inter-provincial body to tackle controversies between provinces.

 

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Dubai (AP): US forces on Monday launched an effort to guide commercial ships through the Strait of Hormuz, where hundreds have been stuck since the Iran war began.

Two American-flagged merchant ships have “successfully transited” through the critical waterway, the US military said. Separately, the US military denied Iran's claims that it struck an American Navy vessel southeast of the strait.

Iran handed over its latest proposal for negotiations with the US to mediators in Pakistan, Iran's state-run IRNA news agency reported Friday. Trump subsequently said he's “not satisfied” with it, but did not elaborate on the proposal's apparent shortcomings. The shaky ceasefire between the US and Iran has lasted for three weeks.

 

Here's the latest:

 

European leaders see Trump's troop drawdown from Germany as new proof they must go it alone

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European leaders on Monday said President Trump's snap decision to pull thousands of US troops out of Germany came as a surprise but is a fresh sign that Europe must take care of its own security.

The Pentagon announced last week that it would pull some 5,000 troops out of Germany, but Trump told reporters Saturday that “we're going to cut way down. And we're cutting a lot further than 5,000.”

He offered no reason for the move, which blindsided NATO, but his decision came amid an escalating dispute with German Chancellor Friedrich Merz over the US-Israeli war on Iran, and Trump's anger over European allies' reluctance to get involved in the conflict in the Middle East.

 

Wall Street hesitates and oil prices climb with uncertainty about the Strait of Hormuz

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The US stock market is holding tentatively near its record heights Monday, while oil prices climb with uncertainty about when oil tankers can resume crossing the Strait of Hormuz and restore the world's flow of crude. Dueling claims about a possible Iranian strike on a U.S. Navy vessel in the strait heightened the tensions.

The S&P 500 slipped 0.1 per cent, coming off its latest all-time high. The Dow Jones Industrial Average was down 216 points, or 0.4 per cent, as of 9:35 am Eastern time, and the Nasdaq composite was up 0.1 per cent.

The action was stronger in the oil market, where the price for a barrel of Brent crude climbed 2 per cent to USD 110.37 and briefly topped USD 114 during the morning. Iran's closure of the Strait of Hormuz due to its war with the United States has kept oil tankers pent up in the Persian Gulf and away from customers worldwide. That in turn has sent the price of Brent soaring from roughly USD 70 per barrel before the war.

 

Iran stands firm on its grip of the strait

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The disruption of the waterway has squeezed countries in Europe and Asia that depend on Persian Gulf oil and gas, raising prices far beyond the region.

Trump has promised to bring down gas prices as he faces midterm elections this year.

The US has warned shipping companies they could face sanctions for paying Iran for transit of the strait. It has enacted a naval blockade on Iranian ports since April 13, telling 49 commercial ships to turn back, U.S. Central Command said Sunday. The blockade has deprived Tehran of oil revenue it needs to shore up its ailing economy.

US officials have expressed hope the blockade forces Iran back to the negotiation table.

 

US claims progress in reopening the Strait of Hormuz, saying two merchant ships have transited

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The US military said Monday that two American-flagged merchant ships had successfully transited the Strait of Hormuz and Navy guided-missile destroyers in the Persian Gulf were helping to restore shipping traffic. It separately denied Iran's claims to have struck an American Navy vessel.

The announcement came a day after US President Donald Trump announced a new initiative to help guide ships through the critical waterway for global energy. Iran has effectively closed the strait since the US and Israel started the war Feb 28, rattling the global economy.

The US-led Joint Maritime Information Center has advised ships to cross the strait in Oman's waters, saying it set up an “enhanced security area.” U.S. Central Command didn't say when the Navy ships arrived or when the merchant vessels departed.

It was unclear whether shipping companies, and their insurers, will feel comfortable taking the risk given that Iran has fired on ships in the waterway and vowed to keep doing so.