
Govt increases petrol, diesel prices for next fortnight
After military strikes on Iranian nuclear sites, Petrol price in Pakistan expected to climb higher from next month as global oil prices moved up sharply.
Sources familiar with the matter have confirmed that petrol and diesel prices are set to increase from July 1.
This hike is expected to raise transportation costs and could also lead to a rise in the prices of goods and services, especially food items. The increase in diesel prices is especially significant, as diesel is commonly used in transport vehicles across the country.
Expected Petrol Price from July 1, 2025
Fuel Type | Current Price | Expected Increase | New Price |
Diesel | Rs 262.59 | Rs 25-27 | Rs 290 |
Petrol | Rs 258.43 | Rs 20-22 | Rs 280 |
Consumers in South Asia will face an increase in fuel prices amid soaring oil prices pushed by Middle East tensions. Petrol prices are projected to go up by Rs 20-25, taking the rate from Rs 258.43 to Rs 279.92, reflecting an 8.3% increase.
This sharp jump in fuel prices is anticipated to impact transportation costs and inflation, affecting both households and businesses across the country.
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