Petrol Price in Pakistan has increased after the federal government announced a sharp rise in the prices of petrol and high-speed diesel (HSD) for the next week, citing continued volatility in global oil markets following the latest escalation between the United States and Iran.
According to a notification issued by the Petroleum Division, the price of petrol has increased by Rs13.18 per litre, taking the new rate to Rs310.71 per litre.
The government also raised the price of high-speed diesel (HSD) by Rs13.80 per litre, setting the new rate at Rs323.30 per litre.
Officials said the revised fuel prices came into effect from midnight on Friday and will remain applicable until the next weekly price review.
The latest increase reflects pressure from international crude oil markets, which have experienced significant volatility following renewed geopolitical tensions in the Middle East.
