Pakistan slashes petrol price by Re1 for next fortnight

This picture taken on January 30, 2023, shows a man filling petrol in his motorcycle at a gasoline station in Pakistan’s port city of Karachi. (AFP/File)
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Updated 29 March 2025
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Pakistan slashes petrol price by Re1 for next fortnight

  • Petrol is mostly used in the South Asian country for private transport, small vehicles, rickshaws and two-wheelers
  • The fortnightly adjustment of fuel prices ensures the net impact of changes in import costs is passed on to consumers

ISLAMABAD: The Pakistani government has reduced the price of petrol by Rs1 per liter for the next fortnight, the Finance Division announced late Friday.
After the latest revision, a liter of petrol will now cost Rs254.63, while the price of high-speed diesel remains unchanged at Rs258.64, according to a Finance Division notification.
“The Oil and Gas Regulatory Authority has worked out the consumer prices of petroleum products based on the price variations in the international market,” the notification read.
Fuel prices in Pakistan are reviewed and adjusted fortnightly. The mechanism ensures that the net impact of changes in import costs is passed on to consumers, helping sustain the country’s fuel supply chain.
Petrol is mostly used in Pakistan for private transport, small vehicles, rickshaws, and two-wheelers. At the same time, diesel powers heavy vehicles used for transportation of good across the South Asian country.


Pakistani party announces countrywide protests on Friday against US-Israel strikes on Iran

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Pakistani party announces countrywide protests on Friday against US-Israel strikes on Iran

  • Jamaat-e-Islami (JI) party chief urges Pakistan to withdraw from Trump’s Board of Peace body
  • Calls for transparent probe into deaths of 10 protesters who stormed US consulate in Karachi 

ISLAMABAD: Pakistani religious party Jamaat-e-Islami (JI) announced it would hold countrywide protests against US and Israel’s aggression against Iran, calling on Islamabad to withdraw from US President Donald Trump’s Board of Peace body. 

Tensions have surged in the Middle East ever since Saturday, when US and Israel launched surprise airstrikes against Iran after months of negotiations over Tehran’s nuclear program. 

Iran confirmed on Sunday its Supreme Leader Ayatollah Ali Khamenei had been killed in the strikes, retaliating with drone and missile attacks against US military installations in the Gulf. 

 “The Jamaat-e-Islami chief expressed solidarity with the Iranian government and people and announced nationwide protests on Friday against what he described as US and Israeli aggression,” the JI said in a statement on Wednesday. 

It quoted party chief Naeem ur Rehman as saying that the Board of Peace formed under the leadership of US President Donald Trump was a “sham.”

“He demanded that the Government of Pakistan immediately withdraw from the so-called Gaza Peace Board and urged both the government and opposition to openly condemn the US and Israeli attacks on Iran,” the JI added. 

Rehman said it was necessary to defeat the “nefarious” plans of the US and Israel, warning that Israel could target Pakistan next.

The JI chief reiterated his demand for a transparent investigation into the killing of 10 protesters who had stormed the US consulate in Karachi on Sunday to protest Khamenei’s killing.

A Reuters report cited two American officials as saying that US Marines had fired at the demonstrators. However, the US officials said it was unclear whether rounds fired by Marines struck or killed anyone.

“The Jamaat-e-Islami chief appealed to protesters to remain peaceful and urged people from all walks of life to participate fully in Friday’s demonstrations,” the JI said.

The JI has regularly held large public rallies in Pakistan’s Lahore, Karachi and Islamabad cities against Israel for its military operations in Gaza.