Pakistan hikes petrol, diesel costs by over PKR 13 per litre amid West Asia disaster | World Information
2 min learnUp to date: Jul 11, 2026 12:51 PM IST
Pakistan has elevated the costs of petrol and high-speed diesel (HSD) by greater than PKR 13 per litre, reversing final week’s reduce in gas costs, in accordance with a notification issued by the Petroleum Division.
Petrol costs have been raised by PKR 13.18 per litre to PKR 310.71 per litre, whereas HSD now prices PKR 323.30 per litre after a rise of PKR 13.80 per litre. The revised charges took impact from Saturday, in accordance with the notification.
The newest improve comes every week after Pakistan lowered petrol and diesel costs by PKR 1.97 per litre every, bringing them all the way down to PKR 297.53 and PKR 309.50 per litre, respectively.
Gas costs in Pakistan had surged sharply following the outbreak of the US-Iran battle on February 28. Petrol rose from round PKR 266 per litre in early March to a report PKR 458.41 on April 3, whereas HSD climbed from PKR 281 per litre to an all-time excessive of PKR 520.35 throughout the identical interval. Costs have since eased considerably, although the most recent revision partially reverses that decline.
Pakistan has additionally restructured gas taxes below its commitments to the Worldwide Financial Fund (IMF). From July 1, the federal government doubled the local weather help levy to PKR 5 per litre whereas decreasing the petroleum levy by an equal quantity. The petroleum levy now stands at round PKR 80 per litre on diesel and about PKR 70 per litre on petrol, along with the local weather levy.
The report mentioned the federal government at the moment collects about PKR 101 per litre on HSD via customs obligation, the petroleum levy, the local weather help levy and the inland freight equalisation margin. The full tax burden on petrol is round PKR 95 per litre, together with a PKR 20 per litre customs obligation, the petroleum levy and the local weather help levy.
Petrol and HSD stay Pakistan’s greatest petroleum income earners, with month-to-month gross sales of round 700,000-800,000 tonnes, in contrast with about 10,000 tonnes for kerosene.
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