Federal Govt Announces Fresh Petrol and Diesel Price Hike

The federal government announced Thursday an increase in fuel prices, raising petrol by Rs6.51 per litre and high‑speed diesel (HSD) by Rs19.39 per litre.

Following this adjustment, petrol now costs Rs399.86 per litre, up from Rs393.35, while high‑speed diesel stands at Rs399.58 per litre, rising from Rs380.19, reflecting official pricing.

The Petroleum Division issued a press release confirming the revised rates, stating that the new prices will officially take effect starting from May 1.

The government adopted a weekly fuel pricing mechanism on Friday nights, a policy introduced after the US-Israeli military campaign against Iran began on February 28.

That US-Iran conflict triggered a global fuel shortage after the Strait of Hormuz was closed, cutting off a waterway that carries one-fifth of the oil and gas supply in the world.

Earlier today, Prime Minister Shehbaz Sharif approved a one‑month extension of subsidies for motorcyclists, public transport, and goods transport operators across the country.

According to media reports, Shehbaz Sharif has directed relevant authorities to prevent any increase in passenger fares and goods transport charges across the country.

The Prime Minister also instructed officials to ensure effective monitoring of all public relief measures currently in place to guarantee their proper and timely implementation.

Sindh Chief Minister Murad Ali Shah also extended targeted petrol relief for low-income commuters, maintaining subsidies for motorcycle owners as rising fuel prices strain household budgets.

The provincial government continued the subsidy scheme instead of letting it expire today, ensuring thousands of motorcycle users across Sindh still benefit from reduced petrol costs.

Officials confirmed the Rs2,000 subsidy per motorcycle was introduced to counter rising petrol prices, disproportionately impacting daily wage earners and low-income workers.

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