Pakistan, Aug. 11 -- The government is expected to reduce fuel prices from August 16, bringing potential relief to citizens across the country. The expected cut follows a sharp drop in global oil prices over the past 11 days. This could ease financial pressure on consumers already affected by inflation and rising living costs. Officials will review oil prices and other factors before making a final decision. The revised prices will be announced on August 15.

In recent days, Brent crude oil has dropped by $5.72 per barrel, going from $71.70 to $65.98. At the same time, US crude oil prices fell by $5.71, bringing the rate from $69.26 to $63.48 per barrel. These declines reflect a downward trend in the international oil market. Falling pric...