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Govt cuts petrol price by Rs4, high-speed diesel by Rs2

  • Pakistan's federal government reduced petrol prices by Rs4 per litre and high-speed diesel by Rs2 on Friday, marking the fifth consecutive weekly cut to Rs373.78 and Rs378.78 respectively.
  • Regional tensions triggered the volatility; The United States and Israel launched attacks on Iran in February, disrupting global oil supplies after Tehran closed the Strait of Hormuz.
  • While petrol and HSD prices declined, the Petroleum Division increased kerosene oil by Rs1.49 to Rs282.19 per litre, as HSD fuels transport vehicles while petrol serves commuters.
  • Petrol pump owners demanded the government replace weekly pricing with monthly reviews, warning of a nationwide protest campaign if their demands remain unaddressed.
  • Retailers maintain monthly pricing would stabilize markets and improve planning for dealers and consumers, as frequent revisions create administrative challenges undermining business predictability.
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TechJuice broke the news on Friday, June 12, 2026.
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