Pakistan has sharply increased fuel-related taxes and margins, pushing petroleum prices higher and adding pressure on consumers and businesses. The development is significant as it directly fuels inflation and raises transport and commodity costs nationwide. Households, transport operators, and industry players are expected to bear the impact of the latest revision. The government has raised […]
petrol price Pakistan
Petrol prices rise due to Middle East war, says Sanaullah
Prime Minister’s Adviser Rana Sanaullah said on Friday that petrol and diesel price hikes result from the Middle East war. He added that the Pakistani government “has nothing to do with it,” affecting motorists, farmers, and transporters nationwide. Sanaullah stressed that global oil shocks forced the unprecedented 43% and 55% increases in petrol and high-speed […]
Pakistan raises fuel prices sharply as Middle East war shakes oil
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 […]