Pakistan has implemented a substantial reduction in fuel prices, with petrol prices slashed by PKR 74 per litre and diesel by PKR 67 per litre. The new prices are set at PKR 299 for petrol and PKR 311 for diesel. This decision, overseen by Prime Minister Shehbaz Sharif, is a direct response to falling global oil prices and the de-escalation of regional political tensions, including an understanding between the US and Iran. The government aims to pass these global market benefits directly to the Pakistani public.
The Pulse
EconomyPoliticsHOTSaturday, June 20, 2026
Pakistan Slashes Fuel Prices by Up to PKR 74 Per Litre
TLDR
Pakistan slashes fuel prices: Petrol PKR 74, Diesel PKR 67 down.
New rates: Petrol PKR 299, Diesel PKR 311 per litre.
Cuts by PM Shehbaz Sharif due to global oil/US-Iran.
Story Update
Update #2\u00b7 Jun 20 · 11:31 PM