Pakistan faces severe fuel price hikes amid Middle East conflict
Pakistan is grappling with a significant petrol crisis, with fuel prices rising by up to 54 percent, driven by the ongoing Middle East war. Citizens and businesses are facing real challenges, prompting discussions on potential solutions like electrification.
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Pakistanis face unprecedented fuel price rise of up to 54% as global oil price spikes - AP News
Pakistanis face unprecedented fuel price rise of up to 54% as global oil price spikes AP News
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Pakistanis faced record fuel price increases on Friday, as petrol and diesel prices rose by up to 54 per cent driven by the war in the Middle East that has caused global oil prices to surge. The increase adds pressure to a cash-strapped nation already grappling with high inflation, as economists warned the hike would push up food prices and living costs. Pakistan’s Petroleum Minister Pervez Malik said late on Thursday that the increase was “unavoidable”. He said the government was forced to...
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