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oil market surge

Pakistan raises fuel prices sharply as Middle East war shakes oil

March 8, 2026 by maleeha zahid

Pakistan’s federal government has announced a massive increase in kerosene oil prices, raising the rate by Rs130.08 per litre to Rs318.81 from the previous Rs188.73. Officials confirmed the revised price through a notification issued in Islamabad, adding that the new rate took effect immediately. The sudden jump reflects the growing pressure on energy-importing countries as […]

Filed Under: Business, Pakistan Tagged With: global oil shock, kerosene price hike, Latest, Lead2, oil market surge, Pakistan fuel prices, petrol price Pakistan, Strait Hormuz crisis

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