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Petrol and Diesel Prices Likely to Increase Soon

Rising global oil rates and a weakening rupee suggest another surge in fuel costs is just around the corner for Pakistan.

by Muhammad Arham
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Pakistanis may soon face another financial jolt as petrol and diesel prices are expected to rise in the coming days. Sources within the energy sector indicate that the government is reviewing the latest calculations, and an upward revision now appears highly likely.

The potential hike comes at a time when global crude oil prices have surged again, driven by international supply disruptions and heightened demand. Combined with the recent weakness of the Pakistani rupee, the cost of importing petroleum products has increased significantly — a factor that usually translates directly into higher prices at the pump.

Industry experts warn that if the hike is approved, it could trigger a ripple effect across the economy. Higher transport and freight costs often lead to increased prices of essential goods, putting further pressure on households already struggling with rising inflation.

Transporters and daily wage earners are especially concerned. Many say even a small price jump forces them to adjust fares or reduce working hours due to the added burden of fuel expenses.

While the final decision will be announced soon, consumers across the country are bracing themselves — hoping the increase will be minimal but preparing for yet another rise in the cost of living.

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