Iran War Disrupts Pakistan Oil Supply; Petrol and Diesel Prices Rise by Up to 55% | Firstpost Live

The ongoing conflict in West Asia is now triggering a severe fuel crisis in Pakistan, with petrol and diesel prices surging sharply. The government has raised petrol to over 458 PKR per litre and diesel beyond 520 PKR (54.9% rise), marking the second major hike in weeks. The crisis is driven by disruptions in global oil supply, especially around the Strait of Hormuz, through which a significant share of the world’s oil passes. Long queues have formed at petrol pumps in cities like Karachi and Lahore, with people fearing shortages. As costs rise, transport, food, and daily expenses are increasing, hitting lower-income households the hardest.

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