Pakistani regulator rejects ‘misleading’ reports of hike in petroleum prices

A petrol station worker fills a vehicle's tank in Islamabad on April 22, 2020. (Photo courtesy: AFP/File)
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Updated 29 January 2023
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Pakistani regulator rejects ‘misleading’ reports of hike in petroleum prices

  • Pakistan revises prices of petroleum products every fortnight
  • Reports of a hike emerge after a record fall in rupee’s value

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has rejected reports of a hike in prices of petrol and diesel as “misleading,” local media reported on Sunday, with a large number of Pakistanis panic buying the commodities in different cities across Pakistan.

These reports suggested that the government was going to increase the prices of petroleum products by as high as Rs83 per liter on February 1.

Consequently, long queues of vehicles and motorbikes were seen at gas stations in different cities as citizens panicked to fuel up their rides ahead of the possible hike.

“It has been observed that speculative prices of petrol and diesel are being reported in the print and electronic media since last evening (Saturday),” OGRA spokesman Imran Ghaznavi told Pakistan’s Geo News channel, adding that these reports were “misleading and incorrect.”

Pakistan revises petroleum prices every fortnight. The reports of the price hike follow more than 12 percent depreciation in the value of local currency against the US dollar, which prompted people to believe these reports.

OGRA advised “the elements, spreading misleading and incorrect information, to avoid disseminating speculative prices of petroleum products in the public interest,” the report read.


Pakistan says it seized 32 square kilometers inside Afghanistan as border clashes escalate

Updated 28 February 2026
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Pakistan says it seized 32 square kilometers inside Afghanistan as border clashes escalate

  • Security official describes ‘limited tactical action’ in Gudwana after Afghan assaults
  • Islamabad accuses Kabul of sheltering militants as UN, China and Russia urge restraint

ISLAMABAD: Pakistan has seized a 32-square-kilometer area inside Afghanistan following overnight fighting, a security official said on Saturday, as cross-border clashes between the two countries escalated sharply.

A Pakistani security official, speaking on condition of anonymity, said troops carried out a “limited tactical action” in the Gudwana area opposite the Zhob sector along the frontier, capturing Afghan territory after responding to attacks on Pakistani positions.

“On the night of Feb. 26/27, posts opposite the Zhob sector launched anticipated physical attacks on multiple Pakistani positions,” the official said, referring to fighters linked to Afghanistan’s Taliban authorities, whom Islamabad identifies as Tehreek-e-Taliban Afghanistan (TTA).

“In response to aggressive unprovoked fire and physical attacks, Pakistan security forces launched a limited tactical action on the night of Feb. 27/28 in the general area of Gudwana with a view to capture TTA Tahir Post,” he continued, adding that 32 square kilometers of Afghan territory were seized.

The official said special combat teams crossed the border after preparatory bombardment, supported by intelligence, surveillance and reconnaissance assets providing “real-time battlefield awareness.”

He said 24 Afghan Taliban fighters were killed and 37 wounded, with no Pakistani casualties reported.

The claims could not be independently verified, and there was no immediate confirmation from Taliban authorities in Kabul of any territorial loss in the Gudwana area.

The latest clashes erupted after Pakistani airstrikes targeted what Islamabad described as militant hideouts inside Afghanistan over the weekend, triggering retaliatory fire along the frontier and sharply escalating long-running tensions. Islamabad accuses Kabul of sheltering Pakistani Taliban militants responsible for attacks inside Pakistan, an allegation that Afghanistan denies.

Pakistan’s Information Minister Attaullah Tarar said on Saturday evening that 352 Afghan Taliban fighters had been killed and more than 535 wounded since the latest phase of hostilities began.

Tarar said Pakistani strikes had destroyed 130 check posts, 171 tanks and armored vehicles and targeted 41 locations across Afghanistan by air. Those figures could not be independently verified.

The United Nations, as well as China and Russia, have called for restraint.

The United States said Pakistan has the right to defend itself against cross-border militancy.