Pakistan raises diesel rates by 54%, hikes petrol to nearly PKR 460 a litre amid fuel crisis
India, April 3 -- The global fuel crisis and the ongoing Iran-US war seems to have taken a big toll in Pakistan, with fuel prices surging as the country attempts to manage the impact of the global crude shock.
According to news agency Reuters, price of diesel would be raised by 54.9% to 520.35 PKR (Pakistani rupees) per litre, and petrol by 42.7% to 458.40 PKR per litre. According to news agency PTI, the price of kerosene was also increased by Rs.34.08 per litre to Rs.457.80. Follow live updates on Iran-US war here.
"It was inevitable to raise the prices due to the international market prices going out of control after the US-Iran war," Pakistan's petroleum minister, Ali Pervaiz Malik, reportedly said, as he announced the hike in fuel r...
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