Pak raises petrol & diesel prices by PKR 55/litre, its highest-ever hike, due to Gulf war

Pakistan has raised the price of petrol and diesel by PKR 55/litre, its highest-ever hike, amid a sharp surge in petroleum prices globally, the country's petroleum minister Ali Pervaiz Malik announced. Crude oil prices have spiked due to the war in the Middle East. The ex-depot price of petrol and diesel will now be PKR 321.17 and PKR 335.86, respectively.