India, March 23 -- Pakistan has taken another major step to manage rising fuel costs by sharply increasing the levy on high-octane fuel, a move that reflects growing financial pressure caused by global oil price volatility. The government believes the decision will help generate revenue without directly affecting daily public transport users, as the levy targets premium fuel mostly used by luxury vehicles.The move comes at a time when global oil markets remain unstable, and domestic inflation continues to affect households across the country.

Pakistan Fuel Price Hike: High-Octane Levy Raised to PKR 300 Per Litre Prime Minister Shehbaz Sharif approved the increase in the levy on high-octane fuel, raising it by Pakistani Rupees (PKR) 200 p...