The federal government during the late hours of Friday increased the price of high-speed diesel (HSD) by Rs. 55 per litre, while increasing Motor Spirit (MS) petrol prices by Rs. 55 per litre.
Petrol is now available for Rs. 321.17 per litre while diesel for Rs. 335.86 per litre.
Sources told ProPakistani that the petroleum levy on high-speed diesel has been reduced from Rs. 76.21 per litre to Rs. 55.20 per litre.
This was announced during a press conference tonight by Deputy Prime Minister Muhammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, and Federal Petroleum Minister Ali Pervez Malik.
The revised prices will take effect immediately (Saturday), March 6, 2026.
The increase comes after tensions in the Middle East pushed commodity markets into a state of panic in the region. Also, the International Monetary Fund earlier demanded the federal government to immediately pass on rising petroleum costs to consumers and avoid providing subsidies on petrol and diesel.
Prior to today’s hike, the federal government a week ago had already increased the price of high-speed diesel to Rs. 280.86 per litre and motor spirit to Rs. 266.17 per litre.
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