Fuel Prices Surge in Pakistan as Petrol and Diesel Jump Rs26.77 per Litre Amid Global Oil Crisis

Pakistan has witnessed a significant increase in fuel prices as the government raised petrol and high-speed diesel (HSD) rates by Rs26.77 per litre, effective from April 25, 2026. The revised petrol price now stands at Rs393.35 per litre, while diesel has reached Rs380.19 per litre, reflecting a sharp rise driven by global oil market volatility.

According to officials, the increase comes amid rising international crude oil prices and ongoing geopolitical tensions, particularly disruptions linked to the Strait of Hormuz — a critical global oil supply route. These developments have placed immense pressure on fuel-importing countries like Pakistan.

The Petroleum Division stated that the weekly price revision reflects the changing global oil trends, which have remained unstable due to regional conflicts. Petroleum Minister Ali Pervaiz Malik explained that the government had tried to absorb the impact of rising prices but was ultimately forced to pass on the burden to consumers.

Fuel prices in Pakistan have seen continuous fluctuations over recent months, with multiple increases and occasional relief measures. Earlier, the government introduced subsidies and reduced petroleum levies to provide temporary relief, but the current surge indicates persistent economic challenges.

Experts warn that the increase in petrol and diesel prices will have a direct impact on inflation, transportation costs, and overall cost of living. Industries dependent on fuel are also expected to face rising operational expenses.

Meanwhile, kerosene oil and light diesel oil prices have been reduced, offering limited relief to certain segments. However, the overall outlook remains uncertain as global oil prices continue to fluctuate.

The government has expressed hope that regional stability will improve soon, which could lead to relief in fuel prices. Until then, the public may continue to face economic pressure due to rising energy costs.