Pakistan’s recent surge in petrol and diesel prices, marking the second rise in just a few weeks, stems from the chaos of war in the Middle East that has shaken the stability of global oil markets. The government has described these increases as unavoidable to alleviate the mounting pressures of fuel subsidies on national finances. Pakistan’s recent surge in petrol and diesel prices, marking the second rise in just a few weeks, stems from the chaos of war in the Middle East that has shaken the stability of global oil markets. The government has described these increases as unavoidable to alleviate the mounting pressures of fuel subsidies on national finances.
