Lahore, March 7 -- The Pakistani government has announced a massive hike in fuel prices, with petrol and high-speed diesel rates jumping by PKR 55 per litre--an increase of approximately 20%.

As of March 7, 2026, the new rates have pushed petrol to PKR 321.17 and high-speed diesel to PKR 335.86 per litre, placing an immense burden on an already struggling economy amid the escalating crisis in West Asia.

The announcement has sparked widespread anxiety across the country, where residents are already battling high living costs during the month of Ramadan. Commuters and workers have expressed despair over the rapid cost-of-living increase.

A rider, Muhammad Nadeem, told ANI, "It feels like a noose has been tightened around our necks. Nothi...