Pakistan slashes fuel prices after West Asia tensions ease, but petrol still far from pre-war levels
Pakistan has cut petrol and diesel prices by Rs 1.97 per litre amid West Asia tensions are easing. However, rates remain higher than pre-Iran War levels.
Pakistan has slashed its retail fuel the prices, following the easing of tensions in West Asia. Both petrol and diesel prices have been cut by Rs 1.97 per litre for the next week. In a statement released by Pakistan’s Ministry of Petroleum, the Shehbaz Sharif government said that the move was implemented to ensure that part of the benefits of of lower global prices last week is passed on to consumers.
After the latest notification, high-speed diesel (HSD), which is mostly used in freight transportation, in Pakistan is now priced at PKR 309.50 for the next week. The pre-Iran War price was recorded at PKR 281 per litre on February 28.
Petrol in Pakistan now costs PKR 297.53 per litre, down from PKR 299.50, reported Dawn. At its peak during the West Asia war, petrol was priced at Rs 458.41 on April 3. It was Rs 266 in the first week of March. Diesel price, on the other hand, went up to PKR 520.35 during the war
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Pakistan has slashed its retail fuel the prices, following the easing of tensions in West Asia. Both petrol and diesel prices have been cut by Rs 1.97 per litre for the next week. In a statement released by Pakistan’s Ministry of Petroleum, the Shehbaz Sharif government said that the move was implemented to ensure that part of the benefits of of lower global prices last week is passed on to consumers.
After the latest notification, high-speed diesel (HSD), which is mostly used in freight transportation, in Pakistan is now priced at PKR 309.50 for the next week. The pre-Iran War price was recorded at PKR 281 per litre on February 28.
Petrol in Pakistan now costs PKR 297.53 per litre, down from PKR 299.50, reported Dawn. At its peak during the West Asia war, petrol was priced at Rs 458.41 on April 3. It was Rs 266 in the first week of March. Diesel price, on the other hand, went up to PKR 520.35 during the war
