Advertisement

Govt Cuts Diesel & Petrol Prices by Rs135 & Rs12 Amid Global Oil Price Easing

Advertisement

Prime Minister Shehbaz Sharif announced on Friday that petroleum prices have been reduced. High-speed diesel is now Rs135 cheaper per litre, dropping from Rs520 to Rs385. Petrol has also decreased by Rs12, now priced at Rs366 per litre.

In his televised address, PM Shehbaz stated these changes fulfilled his promise to pass the benefits of falling international oil prices to the public. He noted that Pakistan had faced severe inflation and acknowledged the country’s role in securing peace talks between the US and Iran.

The prime minister said both sides accepted his proposal for dialogue, with US and Iranian leaders set to visit Islamabad on Saturday. He described hosting these talks as a moment of pride for Pakistan and the Muslim world, emphasizing the importance of achieving lasting peace.

Pakistan’s military leadership, including Chief of Army Staff and Chief of Defence Forces Field Marshal Syed Asim Munir, played a crucial role in securing the ceasefire. PM Shehbaz urged the nation to pray for successful negotiations and global peace, reiterating that dialogue remains the only viable path forward.

Advertisement
News Desk

Recent Posts

Bank Alfalah and WWF-Pakistan Mark Pakistan’s Independence Day with Alfa Forest Mangrove Plantation Drive

To commemorate Pakistan's Independence Day, Bank Alfalah, one of Pakistan's leading commercial banks, partnered with…

6 days ago

foodpanda Collaborates with itel Pakistan to Enhance Rider Connectivity and Digital Access

In a shared commitment to digital inclusion and rider welfare, foodpanda has signed a Memorandum…

6 days ago

OICCI members invest US$23bn in Pakistan, outpacing decade-long net FDI

Leading foreign investors continue to demonstrate strong confidence in Pakistan's economic potential, with OICCI member…

7 days ago

Broadway Pizza adds 82nd outlet, eyes further growth

Broadway Pizza has opened its 82nd branch on the main road near Hadiabad Society, adjacent…

7 days ago

LUCKY INVESTMENTS ACHIEVES THE HIGHEST ASSET MANAGER RATING – AM1

Lucky Investments Limited ("Lucky Investments") has been awarded AM1, the highest Asset Manager Rating by…

7 days ago

Meezan Bank Accelerates Affordable Housing Finance, Surpasses PKR 3 Billion under Government’s Ghar Ho Tu Apna Programme

Karachi: Reinforcing its strategic focus on expanding affordable housing finance, particularly for salaried individuals, Meezan…

1 week ago