Pakistan’s Fuel Price Hike Sparks Debate Over Heavy Taxes and Levies

By Riaz Hussain PESHAWAR — A fresh increase in petrol and high-speed diesel (HSD) prices in Pakistan has once again sparked debate over the heavy taxes and levies imposed on petroleum products.The Pakistan government has increased the price of petrol by Rs3.05 per litre and HSD by Rs5.37 per litre, citing fluctuations in international oil…

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Despite International Oil Price Drop, Pakistan Raises Petroleum Prices

Riaz HussainPeshawar: Despite a decline of more than two percent in international crude oil prices amid hopes of a possible US-Iran agreement and the reopening of the Strait of Hormuz, Pakistan has increased domestic petroleum prices, raising diesel by Rs2.40 and petrol by 39 paisa per litre with effect from Tuesday. Following the latest revision,…

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