BIZ BRIEFS

Aziz, Natwar discuss

KAZAKHSTAN: Pakistan prime minister Shaukat Aziz on Tuesday discussed the proposed Iran-Pakistan-India natural gas pipeline with Indian external affairs minister K Natwar Singh. Aziz described the ambitious transnational pipeline as a win-win situation for both countries. — HNS

Crude prices rise

LONDON: World oil prices climbed on Tuesday, fuelled by market concerns that refineries may struggle to meet robust demand for energy during the fourth quarter. New York’s main contract, light sweet crude for delivery in August, rose to $59.22 per barrel in electronic deals. — AFP

Aziz to open WIEF

ISLAMABAD: Pakistan prime minister Shaukat Aziz will inaugurate the first meeting of the World Islamic Economic Forum (WIEF) in Kuala Lumpur in October. — HNS