Pakistan is once again facing a sharp increase in Iranian fuel smuggling as illegal petroleum products continue entering the local market through border regions. The renewed inflow comes during a period of rising global oil prices and continued uncertainty caused by disruptions linked to the Strait of Hormuz crisis. According to reports, domestic refineries including…
Pakistan’s Petroleum Division has proposed major relief measures for fuel consumers in its recommendations for the federal budget 2026-27, including reducing the petroleum levy target to Rs1 trillion and lowering the levy on petrol and diesel to Rs50 per litre while international oil prices remain high. According to reports, the recommendations have been submitted to…
Pakistan’s major opposition parties are preparing separate protest campaigns against the government over inflation, governance failures, and economic pressure on the public, exposing deep divisions within the opposition alliance landscape. According to reports, opposition groups including Tehreek-e-Tahafuz Ayeen-e-Pakistan (TTAP), Jamiat Ulema-e-Islam (F) and Jamaat-e-Islami have announced independent protest plans instead of joining a united anti-government…
Inflation in Pakistan has surged to 10.9% in April, marking its highest level in nearly two years, according to data released by the Pakistan Bureau of Statistics. The sharp increase has been largely driven by rising fuel prices, higher taxes and ongoing global economic disruptions. The latest figures show that inflation has returned to double…
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….
Leaders of Tehreek Tahaffuz Aain-e-Pakistan (TTAP) have strongly criticised the government’s economic policies, raising concerns over rising inflation, fuel pricing and worsening electricity outages across the country. Speaking at a press conference, Salman Akram Raja said Pakistan was facing extremely challenging economic conditions, with ordinary citizens—especially low-income groups—struggling to meet daily expenses. He questioned the…
Pakistan’s oil industry has raised serious concerns over the recent sharp reduction in diesel prices, warning that it could lead to inventory losses exceeding Rs100 billion. While the price cut has brought immediate relief to consumers, including farmers, transporters, and households, it has created significant financial pressure on oil marketing companies (OMCs) and fuel dealers….
The Punjab government has approved plans to expand its free public transport programme to 17 districts, aiming to provide relief to commuters amid rising fuel prices. The decision was taken during a meeting chaired by Chief Minister Maryam Nawaz Sharif, where officials reviewed the impact of increasing oil prices on transport fares. Under the plan,…
A heated debate erupted in the National Assembly of Pakistan over the recent increase in fuel prices, highlighting growing concerns about inflation and economic pressure on citizens. Opposition members strongly criticised the government, arguing that rising petrol and diesel prices have significantly increased the cost of living. They pointed out that inflation is already high,…
The Government of Pakistan is considering implementing a smart lockdown strategy as part of its efforts to address the ongoing fuel and energy crisis. The proposed approach aims to reduce fuel consumption through targeted measures while avoiding a complete shutdown of daily activities. Unlike strict nationwide lockdowns, a smart lockdown focuses on limited and strategic…
