Islamabad: The federal government has reduced the price of petrol by Rs4 per liter, lowering the new rate to Rs377.78 per liter from June 6, 2026, while the price of high-speed diesel remains unchanged at Rs380.78 per liter. According to the Ministry of Energy, this is the fourth consecutive reduction in petrol prices in recent weeks, offering some relief to consumers, transport operators, and businesses facing high operating costs. Lower fuel prices can help reduce transportation expenses and support economic activity across various sectors. However, global oil market uncertainty, including tensions between the United States and Iran and concerns over shipping through the Strait of Hormuz, continues to pose risks to future fuel pricing. Will international developments determine the next direction of Pakistan’s fuel prices?
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