Petrol prices in Pakistan have surged once again, with the government announcing a fresh hike that brings the rate to Rs. 266.79 per liter—just shy of the Rs. 270 mark. High-speed diesel isn’t far behind, now priced at Rs. 272.98 after a sharp Rs. 10.39 increase.
Petrol Price Shock
This comes on the heels of last month’s hike, where petrol went up by Rs. 4.80 and diesel by Rs. 7.95. The back-to-back increases are putting massive pressure on everyday expenses, from transport to groceries.
Experts point to rising global oil prices, especially after the Israel-Iran conflict that briefly pushed crude above $80 per barrel. Even though rates later dropped below $70, the damage was done—and the impact is now being felt at home.
With inflation already biting, this fuel price spike raises a serious concern: how will ordinary citizens cope?
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