Govt hikes petrol, high-speed diesel prices by Rs55 per litre
Govt hikes petrol, high-speed diesel prices by Rs55 per litre On Friday, the government announced an increase in the prices of high-speed diesel and gasoline of Rs55 per liter. As a result, the ex-depot price for high-speed diesel for the coming week has been set at Rs335.86 per liter, and the ex-depot price for gasoline has increased 17 percent to Rs321.17 per liter from Rs266.17 per liter. Along with Deputy Prime Minister and Foreign Minister Ishaq Dar and Finance Minister Muhammad Aurangzeb, Petroleum Minister Ali Pervaiz Malik made the announcement at a press conference. During the press conference, Dar stated that the new prices will take effect on Saturday at 12 a.m. He began by discussing the ongoing war between Iran, the United States, and Israel, and then added that the conflict had expanded. He stated that the prices of petroleum products were rising in this scenario. He noted that "various products' prices have increased by 50% to 70%," and that the trickle-dow...
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