IslamabadPakistan still taxes Rs114 on every litre of petrol.
That’s roughly 30% of the pump price, a levy the government keeps fixed.
The government cut petrol Rs1.49 and diesel Rs2.73 per litre, but the petroleum levy stays fixed regardless of global oil moves.
Brent crude fell 2.7% over the past week but is still up 23.9% over 30 days, as of 22 September.
New prices take effect Wednesday, and the regulator now resets fuel rates daily as Middle East tensions continue.
How each outlet framed it
- Dawn
- traces fuel-price trajectory to Feb 28 US-Iran conflict, details government austerity response including market curfews, vehicle fuel cuts, and motorcycle relief scheme
Sources: Dawn