As of February 28, 2026, the Pakistan government has announced a significant increase in petroleum prices, with petrol rising by Rs8 per litre to Rs266.17 and high-speed diesel (HSD) increasing by Rs5.16 to Rs280.86, effective March 1, 2026. This adjustment comes amidst rising international crude oil prices and geopolitical tensions following a joint attack by the United States and Israel on Iran, which has added pressure on commodity markets. The new prices will remain in effect for the next fortnight, further straining the budgets of middle and lower-income households who rely heavily on these fuels for transportation and daily activities. The previous prices were set at Rs258.17 for petrol and Rs275.70 for diesel just two weeks prior, reflecting a trend of increasing costs for consumers (Business Recorder, The Frontier Post, Profit Pakistan).
BUSINESS
Pakistan Government Increases Petrol And Diesel Prices Amid Inflation
79% NEGATIVE
Pakistan raises petrol prices by Rs8 to Rs266.17 and diesel by Rs5.16 to Rs280.86 amid global oil price hikes and geopolitical tensions, straining budgets of low-income households.
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BRbrecorder.com
TFPthefrontierpost.com
PPprofit.pakistantoday.com.pk
PRpropakistani.pk
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DTdailytimes.com.pk
DTPdailythepatriot.com