Pakistan Hikes Petrol and Diesel Prices by Rs 15 as Strait of Hormuz Blockade Triggers Global Energy Crisis
The Government of Pakistan has raised fuel prices to over 414 rupees per liter following the closure of the Strait of Hormuz and mounting pressure from the IMF.
Fuel Prices Surge in Pakistan as Petrol and Diesel Cross 414 Rupee Mark
The Government of Pakistan has announced a significant hike in petrol and diesel prices effective May 9, 2026, alongside an increase in the Petroleum Development Levy.