Operation Shaban in Balochistan
Analysis based on 14 articles · First reported Jul 11, 2026 · Last updated Jul 16, 2026
The operation is unlikely to have significant direct market impact. However, sustained instability in Pakistan — Balochistan could affect security-related sectors and foreign investment sentiment in Pakistan.
Operation Shaban is a joint counterterrorism operation by the Pakistan, Pakistan — Frontier Corps (FC) Pakistan — Balochistan, and police in Pakistan — Balochistan, Pakistan, targeting Kharijites militants. Since July 5, 2026, security forces have killed 129 militants, including 91 in Operation Shaban and 38 in other intelligence-based operations. The operation was launched after a militant attack on a police post in the Mangi dam area killed 27 police personnel. The operation continues with air and ground operations in mountainous terrain.
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