The prices of Petrol and Diesel are expected to increase across Pakistan from tonight following renewed tensions between the United States and Iran. According to sources, rising uncertainty in the international oil market has pushed fuel prices higher, leading to an expected increase in local petroleum rates.
Officials said the revised prices are likely to come into effect after the Petroleum Division issues an official notification. The new rates will remain applicable for the next seven days.
According to sources, the price of petrol is expected to increase by Rs. 13 per litre. If approved, the new petrol price will reach Rs. 310 per litre.
Similarly, high-speed diesel (HSD) is also expected to become more expensive. The price of diesel is likely to rise to Rs. 324 per litre under the latest pricing adjustment.
The expected increase in Petrol and Diesel prices follows fresh volatility in global oil markets. Market uncertainty grew after renewed geopolitical tensions between the United States and Iran raised concerns about future crude oil supplies.
Energy markets often react quickly to international conflicts. Investors closely monitor developments in the Middle East because the region plays a major role in global oil production and exports.
Higher international crude oil prices usually affect Pakistan’s fuel prices because the country imports a large portion of its petroleum products. Any increase in global oil prices can eventually lead to higher domestic fuel costs.
The Petroleum Division is expected to release an official notification confirming the revised prices later today. Until then, the figures remain based on information provided by sources.
If implemented, the new Petrol and Diesel prices will remain in effect for one week under the government’s current fuel pricing mechanism.
Just last week, consumers received some relief when the government reduced petroleum prices. Petrol prices were cut by Rs. 1.97 per litre, bringing the rate down to Rs. 297.53 per litre.
During the same price review, high-speed diesel also became cheaper by Rs. 1.97 per litre, reducing its price to Rs. 309.50 per litre.
The latest expected increase would reverse last week’s reduction and push fuel prices to new levels.
Higher fuel prices can affect transportation costs, logistics, and overall business expenses. In many cases, increases in fuel prices also contribute to higher inflation as transportation costs influence the prices of goods and services.
Consumers and businesses are now waiting for the official announcement from the Petroleum Division. The notification will confirm whether the expected increase will be implemented from tonight.
The government reviews petroleum prices regularly based on changes in international oil markets, exchange rates, and other economic factors. Officials continue to monitor global energy developments before announcing any adjustments.
In other news read more about Pakistan Sees Sharp Drop in Petrol and Diesel Sales in June 2026
With international oil prices remaining volatile, experts believe Petrol and Diesel prices may continue to fluctuate depending on future geopolitical developments and conditions in the global energy market.
