Khurram Schehzad Says Diesel Levy Increase Reflects Phased Return to Budgeted Level
Finance Minister’s Advisor Khurram Schehzad said the recent diesel petroleum levy increase is part of a phased normalization process after a temporary reduction, with the government seeking to meet approved revenue targets while maintaining fiscal stability.
Pakistan Slashes Petrol Price by 74 Rupees Following Historic Diplomatic Breakthrough in Global Oil Market
Prime Minister Shehbaz Sharif announces an unprecedented downward revision in local fuel prices as the US Iran peace agreement stabilizes global crude supply.
Pakistan’s Oil Import Dependence Exposed as Gulf Conflict Sparks Fresh Economic Threats
Escalating tensions in the Gulf region have intensified concerns over Pakistan’s dependence on imported oil, with rising crude prices threatening inflation, currency stability, fiscal planning, and long-term economic sustainability.
PakBanker Brief: Fuel, Fiscality & the Electric Shift — Pakistan’s Rs458 Moment
Pakistan’s record fuel prices are exposing deep fiscal dependencies and accelerating a shift toward electric mobility. As petrol hits Rs458 per litre, the economics of transport, taxation, and energy are entering a critical transition phase.
Pakistan Balances Fuel Pricing Strategy Amid Global Oil Market Volatility
Pakistan maintains moderate fuel price hikes compared to global trends, leveraging lower retail taxes and zero sales tax to cushion the impact on consumers.
Prime Minister Shehbaz Sharif Rejects Massive Fuel Price Hike to Provide Eid Relief
Prime Minister Shehbaz Sharif declines a proposed increase in petroleum prices, absorbing a 45 billion rupee cost to shield consumers from inflation before Eid.
PM Shehbaz Sharif Imposes Rs200 Levy Hike on Luxury High-Octane Fuel
Prime Minister Shehbaz Sharif increases the levy on high-octane fuel to Rs300 per litre, targeting luxury vehicles to fund public relief and reduce economic pressure.
Pakistan Petroleum Dealers Issue March 26 Deadline for Margin Revision Amid Surging Operational Costs
The Pakistan Petroleum Dealers Association demands an 8 percent margin increase following a sharp rise in fuel prices, warning of potential industry action by late March 2026.
Fuel Price Shock in Pakistan Revives Debate on PHEVs and REEVs as Economic Shield Against Oil Volatility
Pakistan’s recent petrol price surge to over Rs321 per litre is pushing consumers and policymakers to reconsider electrified vehicle technologies such as plug-in hybrids and range-extended electric vehicles as a strategy to reduce fuel dependence.