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US midterms put Trump’s political standing to the test Federal govt announces reduction in petroleum prices Cyberattack affects dozens of supermarkets across Europe Simple egg white face mask for your skincare routine 'Meer-e-Karwan Tum Ho' conference highlights climate challenges Major tech companies resist Trump's latest tariff push against Vietnam Netflix crime thriller 'Collision Course' tops global charts after release Field Marshal Asim Munir, Liu Haixing discuss bilateral ties at GHQ Sindh bans CNG, LPG cylinders in school vans Bird flu outbreak spreads across US poultry farms, infects 1.32m birds Pakistan fined 5% of match fees for slow over-rate in tri-nation final Pakistan to deregulate LPG pricing, add targeted subsidies Pakistan explores tokenizing Eurobond debt, Finance Minister says Karachi to get first mechanical garbage transfer system Pakistan bound LNG carrier attacked near Strait of Hormuz despite Iranian clearance US consortium proposes $4.4 billion LNG project in Pakistan US midterms put Trump’s political standing to the test Federal govt announces reduction in petroleum prices Cyberattack affects dozens of supermarkets across Europe Simple egg white face mask for your skincare routine 'Meer-e-Karwan Tum Ho' conference highlights climate challenges Major tech companies resist Trump's latest tariff push against Vietnam Netflix crime thriller 'Collision Course' tops global charts after release Field Marshal Asim Munir, Liu Haixing discuss bilateral ties at GHQ Sindh bans CNG, LPG cylinders in school vans Bird flu outbreak spreads across US poultry farms, infects 1.32m birds Pakistan fined 5% of match fees for slow over-rate in tri-nation final Pakistan to deregulate LPG pricing, add targeted subsidies Pakistan explores tokenizing Eurobond debt, Finance Minister says Karachi to get first mechanical garbage transfer system Pakistan bound LNG carrier attacked near Strait of Hormuz despite Iranian clearance US consortium proposes $4.4 billion LNG project in Pakistan

Pakistan records second-highest petrol price surge globally

Iran–US–Israel tensions push global fuel prices higher, impacting Pakistan severely.

In a development that is likely to intensify economic pressure on consumers, Pakistan has recorded the second-highest surge in petrol prices globally with a sharp increase of 77.8%, far exceeding international trends.

Data indicates that Myanmar recorded the highest rise with petrol prices soaring by 103.1%, placing Pakistan second on the list of countries facing the steepest fuel price hikes.

The surge comes amid rising global energy costs largely driven by geopolitical tensions following the Iran–US–Israel conflict, which has disrupted markets and pushed fuel prices upward worldwide.

Notably, the global average increase in petrol prices stands at 13.4%, making Pakistan’s spike several times higher in comparison.

Among major economies, the United States has seen a 31% increase in petrol prices, while India and Bangladesh have experienced negligible changes.

Within the region, Nepal recorded a 19.1% rise, whereas Afghanistan and Bhutan reported only marginal increases in fuel prices.

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