Pakistan fuel prices surge sharply after global oil shockPublished on: May 15, 2026 5:36 PM
Pakistan, May 15 -- Pakistan has witnessed a sharp rise in petroleum prices over the past two and a half months, as petrol increased by 56 percent and diesel climbed by 48 percent following global supply disruptions linked to the US-Iran conflict. Officials said the sudden jump has placed heavy pressure on transport costs and household budgets across the country.
According to official documents, diesel prices in Pakistan rose by 48 percent during the reported period, reflecting a broader global trend of rising fuel costs. However, analysts noted that Pakistan's increase remained significant when compared with several regional and international economies experiencing similar market shocks.
In comparison, diesel prices in the United State...
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