The federal government has introduced a new mechanism for determining petrol prices in Pakistan amid rising tensions between Iran and the United States. The revised formula, approved by the Federal Cabinet, will remain effective for the next 30 days and aims to manage the impact of increasing international fuel costs. According to reports, the Petroleum … Read more
Petrol Levy. The federal government has adjusted the petroleum levy structure to keep petrol prices unchanged despite an increase in import costs. Under the new arrangement effective October 31, 2026, local oil refineries will bear part of the additional cost instead of passing the full increase on to consumers. According to a research report by … Read more
The Prime Minister’s Petrol Relief Scheme may be expanded to cover up to 20 million deserving people in the coming days. Federal Adviser on Political Affairs Rana Sanaullah has indicated that the government is considering increasing the number of beneficiaries to provide relief to more low-income citizens affected by rising fuel costs. The possible expansion … Read more