Pakistan raises retail fuel prices by about 20% due to Middle East tension - Reuters

<a href="https://news.google.com/rss/articles/CBMivwFBVV95cUxOM1ZsSjJORi11NmlOeDF3UnNoajN5ZVlqcl8zNDZHeUpDMWp2SmFXYWVfSzBoTWJ4a1ZSN3lyNHZFQmVHamV1TW9lM2NqVFYwaFY0XzVDS1hTWmczTXdLSWo4S2JHZ3dkQkpqdFA5X25mYlhibFlnQUNSVGtsY0Y3VktpMmNlMU5wTDFuMHJQQUJxdTMyTnhDZmVOaHdfaG56emhYZVlhUGNhVkdPU05RQ2c4NmxfSVZ0amNULXVYcw?oc=5" target="_blank">Pakistan raises retail fuel prices by about 20% due to Middle East tension</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Pakistan experienced its first major economic impact from the escalating conflict involving the United States and Israel against Iran, as the government announced a record increase of Rs55 per litre in petrol and high-speed diesel prices.

Pakistan has raised petrol and diesel prices sharply, citing disruptions in the energy market due to ongoing conflict in the Middle East.

The Pakistani government has raised petrol and diesel prices by Rs55 per litre amid escalating Middle East tensions, marking the highest single increase in the country's history.

Pakistan sharply increased petrol and diesel prices, citing a surge in global oil rates triggered by the escalating Iran conflict that has begun to disrupt energy supply routes across West Asia.

The federal government has raised petrol and diesel prices by Rs55 per litre as surging global oil prices, fuelled by the US-Israel war with Iran, put pressure on domestic energy costs.

Deputy Prime Minister and Foreign Minister Ishaq Dar says that the Middle East conflict has spilt over and affected the prices of petroleum.

Pakistan Railways has announced a fare increase for passenger and cargo services following a record rise in fuel prices.

Pakistan has increased petrol and diesel prices by Rs55 per litre amid rising global oil prices and escalating tensions in the Gulf region.

Pakistan government in an overnight decision has increased petrol and high-speed diesel prices by PKR 55 per litre each, the highest-ever hike, citing disruptions in the energy market due to ongoing conflict in the Middle East.

Pakistan on Friday raised consumer prices for diesel and petrol about 20%, citing higher oil prices driven by conflict in Iran.