Pakistan Braces for Major Fuel Price Hike
Petrol Price Increase: The cost of living in Pakistan is set to rise again as petrol and diesel prices are expected to surge significantly from July 1, 2025. According to a report by Arif Habib Limited, High-Speed Diesel (HSD) could jump by Rs. 27 per liter, while Motor Spirit (MS) Petrol may see a rise of Rs. 21 per liter.
These anticipated price hikes are being driven by rising international oil prices caused by ongoing tensions in the Middle East, particularly the Israel-Iran conflict.
Expected Petrol and Diesel Prices
If the current global price trend continues, the new rates in Pakistan could be as follows:
Petrol: Rs. 279–280 per liter
High-Speed Diesel: Rs. 289–290 per liter
The new fuel prices are expected to be officially announced at the end of June and come into effect on July 1, 2025.
Petrol Price Increase: Global Oil Prices Surge
Since June 13, 2025, international oil markets have been under pressure. The price of Gas Oil rose by 9.6%, while Gasoline prices climbed 4.5%, reaching USD 93.3/bbl and USD 83.4/bbl, respectively, as of June 20. These increases are putting direct pressure on Pakistan’s petroleum pricing.
Petrol Price Increase: Recent Price Adjustments
This comes just weeks after the federal government raised fuel prices for the final fortnight of FY 2024-25. On June 15, petrol prices increased by Rs. 4.80/liter, and diesel prices jumped by Rs. 7.95/liter.
The upcoming price hike will likely affect not just transportation costs but also food and utility prices, as diesel is crucial for logistics and industry.
Petrol Price Increase: Economic Impact
Experts warn that the increase in fuel prices could fuel inflation further, hitting consumers hard. With electricity tariffs, utility bills, and essentials already straining household budgets, this hike may worsen the financial burden on millions of Pakistanis.
Final Thought
As regional instability continues to influence global energy markets, Pakistan must brace itself for further volatility in petroleum pricing. Citizens and businesses alike will need to prepare for yet another round of rising expenses.
