Jamaat-e-Islami Pakistan Emir Hafiz Naeem ur Rehman has criticised the Pakistan Peoples Party (PPP) and Muttahida Qaumi Movement-Pakistan (MQM-P), while urging the government to provide greater economic relief by significantly reducing petroleum prices and introducing long-term fuel price stability. Read More: Mayor inaugurates Rs 154 million uplift projects in District East Speaking at a press […]
Petrol prices
Petrol and diesel prices may drop after global oil decline
Petrol and diesel prices in Pakistan are expected to decrease in the upcoming pricing review after a noticeable decline in global oil markets raised hopes of relief for consumers. Market sources indicated that falling international petroleum rates could lower local fuel prices if the government avoids imposing additional levies or taxes during the next adjustment […]
Iran war drives sharpest petrol demand fall in years
Fuel consumption in the United Kingdom has recorded its steepest decline in six years as rising energy prices linked to the US-Iran conflict continue to pressure households. Motorists have reduced travel and fuel usage as costs surge across transport and essential goods markets. According to official data released on May 22, petrol and diesel sales […]
Government cuts petrol, diesel prices by Rs5 per litre
The federal government has announced a reduction in petrol and diesel prices, offering temporary relief to consumers amid continued pressure from high fuel costs and inflation. According to a notification issued by the Petroleum Division, the prices of petrol and high-speed diesel have been reduced by Rs5 per litre each for the coming week. The […]
Pakistan fuel prices surge sharply after global oil shock
Pakistan has witnessed a sharp rise in petroleum prices over the past two and a half months, as petrol increased by 56 percent and diesel climbed by 48 percent following global supply disruptions linked to the US-Iran conflict. Officials said the sudden jump has placed heavy pressure on transport costs and household budgets across the […]
Public, freight transport fares hiked amid rising petrol prices
The Pakistan Goods Transport Alliance has announced a 10 percent increase in freight charges following a rise in petroleum prices. Alliance President Malik Shehzad Awan stated that transporters across the country condemned the continuous increase in fuel prices, which is driving inflation and contributing to widespread unemployment due to government policies. Awan also urged the […]
Rising petrol prices drive surge in electric vehicles sales
A sharp increase in global petrol prices amid tensions linked to the Iran war has significantly influenced consumer behavior across Europe, accelerating the shift toward electric vehicles (EVs). The surge in fuel costs has made traditional petrol-powered cars more expensive to operate, prompting many buyers to consider cleaner and more cost-efficient alternatives. Read More: Ex-PM […]
Notification on social media about a reduction in fuel prices, declared fake by authorities
ISLAMABAD: A notification circulating on social media claiming a sharp reduction in fuel prices has been declared fake by authorities, as confusion spread among the public over alleged changes in petroleum rates. Read More: Govt begins disbursement of fuel subsidy through digital wallets The viral document falsely claimed that petrol prices had been reduced by Rs78 per litre to […]
Jamaat-e-Islami chief Hafiz Naeem demands immediate reverse in petrol prices
LAHORE: Hafiz Naeem ur Rehman, chief of Jamaat-e-Islami, has called on the government to immediately reverse the recent increase in petrol and diesel prices, warning of nationwide protests if the decision is not withdrawn. Read More: JI announces countrywide protest against spike in petroleum prices Addressing a large rally in Lahore, the JI leader strongly criticised […]
Global fuel prices surge after Iran conflict
Fuel prices have risen in more than 85 countries worldwide following escalating tensions involving Iran, triggering widespread increases due to disruptions in global oil supply. Read More: Oil prices surge as Iran attacks energy sites According to reports, the surge in prices has been observed across Asia, Europe, Africa, and North America, as uncertainty surrounding oil shipments intensified. A key factor […]