Pakistan hikes petrol, diesel prices in fortnightly review

An employee prepares to fill petrol in a vehicle at a fuel station in Karachi on September 1, 2023. (AFP/ file)
Short Url
Updated 16 June 2025
Follow

Pakistan hikes petrol, diesel prices in fortnightly review

  • Government sets petrol at Rs258.43 per liter, up from Rs253.63
  • High-speed diesel will cost Rs262.59 per liter, up from Rs254.64

KARACHI: Pakistan’s government has increased fuel prices, raising the rate of high-speed diesel (HSD) by Rs7.95 per liter and petrol by Rs4.80 per liter effective from today, Monday, an official notification from the finance division said. 

The notification set the price of petrol at Rs258.43 per liter, up from Rs253.63, while high-speed diesel will cost Rs262.59 per liter, up from Rs254.64.

The revision is based on “recommendations from the Oil and Gas Regulatory Authority and relevant ministries,” the finance division saiad. 

The government did not provide a specific explanation for the hike.

Fuel prices in Pakistan are generally influenced by global oil market trends, currency fluctuations, and changes in domestic taxes.

Fuel costs are revised every two weeks and have a direct impact on inflation. Rising fuel prices increase production and transportation costs, leading to higher prices for goods and services across the board in Pakistan, including food and other essential items. This direct relationship is further amplified by the country’s dependence on imported fuel. 


Pakistan urges equal application of international law, flags Indus treaty at UN debate

Updated 4 sec ago
Follow

Pakistan urges equal application of international law, flags Indus treaty at UN debate

  • Pakistani envoy says silence over violations of international law are fueling conflicts from South Asia to Gaza
  • He urges the UN secretary-general to use the Charter’s preventive tools more proactively to help avert conflicts

ISLAMABAD: Pakistan’s UN ambassador on Monday called for equal application of international law in resolving global conflicts, warning that India’s decision to hold the 1960 Indus Waters Treaty in abeyance and the unresolved dispute over Kashmir continued to threaten stability in South Asia.

Speaking at an open debate of the UN Security Council on “Leadership for Peace,” Ambassador Asim Iftikhar Ahmad said selective enforcement of international law and silence in the face of violations were fueling conflicts worldwide, undermining confidence in multilateral institutions.

His remarks come months after a brief but intense military escalation between India and Pakistan in May, following a gun attack on tourists in Indian-administered Kashmir. India blamed the attack on Pakistan, a charge Islamabad denied while calling for a transparent international probe.

The attack triggered a military standoff between the two South Asian nuclear neighbors and prompted New Delhi to suspend the World Bank-brokered Indus Waters Treaty, a move Pakistan says has no basis in international law and has described as “an act of war.”

“India’s unilateral suspension of the Indus Waters Treaty — a rare and enduring example of successful diplomacy — is yet another blatant breach of international obligations that undermines regional stability and endangers the lives and livelihoods of millions,” Ahmad told the council.

He said Jammu and Kashmir remained one of the oldest unresolved disputes on the Security Council’s agenda and required a just settlement in line with UN resolutions and the wishes of the Kashmiri people, a position India has long rejected.

Ahmad broadened his remarks to global conflicts, citing Gaza, Ukraine, Sudan and other crises, and said peace could not be sustained through “selective application of international law” or by sidelining the United Nations when violations occur.

The Pakistani envoy also referred to the Pact for the Future, a political declaration adopted by UN member states this year aimed at strengthening multilateral cooperation, accelerating progress toward the 2030 development goals and reforming global governance institutions.

While welcoming the pact, Ahmad warned that words alone would not deliver peace, pointing to widening development financing gaps, rising debt distress and climate shocks that he said were reversing development gains across much of the Global South.

He called for a stronger and more proactive role for the UN Secretary-General, including earlier use of preventive tools under the UN Charter, and urged the Security Council to demonstrate credibility through consistency, conflict prevention and greater respect for international court rulings.

“No nation can secure peace alone,” Ahmad said. “It is a collective endeavor, requiring leadership, cooperation and genuine multilateralism.”