Govt reduces petrol price by Rs2.93 per litre, high-speed diesel rate raised by by Re0.61 per litre

The Pakistani government has reduced the price of petrol by Rs2.93 per litre, while increasing the rate of high-speed diesel by Re0.61 per litre. Following the revision, petrol will retail at Rs395.37 per litre, and HSD will cost Rs396.85 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel.

These changes come amid the ongoing Middle East conflict, prompting the government to introduce austerity measures such as closing markets by 9pm and cutting fuel allocations for official vehicles by 50 per cent for three months.

Brief written by urgent.news from Dawn's own syndicated text. Machine-written — may contain errors; check the original before relying on it.