Iran-US-Israel war: Inflation expected to rise in Pakistan due to surging oil prices

Massive Hike in Petrol Prices Expected Soon in Pakistan

Domestic fuel prices in Pakistan are expected to witness a significant increase in the coming days, with petrol likely to rise by PKR 21 per litre and diesel by PKR 27 per litre, as global oil markets react to growing geopolitical tensions in the Middle East. According to a prediction made by Arif Habib Limited (AHL), a well-respected financial advisory and brokerage firm, the ongoing Israel-Iran conflict has pushed international oil prices upwa…

Petrol Price in Pakistan likely to Rise by Rs20-25 per litre from July; Check Expected Rates - Pakistan Observer

KARACHI – Petrol price in Pakistan is expected to climb higher from next month as global oil prices moved up sharply after military strikes on Iranian nuclear sites. Sources familiar with development confirmed to Pakistan Observer that Petrol and Diesel will become more expensive from July 1. This increase will affect transportation costs, and may also drive up prices of goods and services, especially food items. The rise in diesel price is part…

Major hike in petrol and diesel prices expected in Pakistan

Pakistan is bracing for a significant surge in fuel prices, with High Speed Diesel (HSD) and Motor Spirit (MS) petrol expected to rise sharply. According to financial analysts at Arif Habib Limited, petrol prices may jump by Rs. 21 per liter, while diesel could climb by as much as Rs. 27 per liter. The price hikes come amid escalating tensions in the Middle East, particularly the ongoing conflict involving Israel and Iran. Since June 13, 2025, i…

Iran-US-Israel war: Inflation expected to rise in Pakistan due to surging oil prices

Amid ongoing war between Iran and Israel-US, the rise in oil prices in the international market is likely to impact Pakistan’s economy as the international oil prices are expected to reach $100 a barrel. According to an analytical report, Pakistan’s current account deficit and inflation are expected to increase. If oil reaches 75 dollars per barrel, the country’s current account deficit could rise by 2.3 billion dollars. If oil hits 80 dollars p…