Karachi, July 19 -- Pakistan has increased the price of jet fuel used by commercial airlines by PKR 40.35 per litre, taking the latest price to PKR 291.55 per litre, The Express Tribune reported, citing sources.

According to The Express Tribune, the increase is expected to raise operating costs for airlines and may lead to higher airfares.

Sources told The Express Tribune that the latest revision comes just two weeks after a previous hike, bringing the cumulative increase in jet fuel prices over the past fortnight to PKR 53.58 per litre. The rise has been attributed to increasing international oil prices amid ongoing geopolitical tensions.

The higher aviation fuel prices are expected to put additional pressure on airlines, as fuel cost...