Pakistan raises Petrol, Diesel price by Rs8 per litre for March 2026

2026-02-28 - 21:04

KARACHI – Road travel is about to get more expensive in Pakistan, as rising Petrol and Diesel prices about to turn everyday commutes and long drives into a bigger financial burden for millions. For March 2026, fuel prices in Pakistan jumped by up to Rs8 per litre for the first half of March 2026, as new prices stand at Rs266.17 per litre and high-speed diesel (HSD) to Rs280.86, an increase of Rs8 and Rs5.16 respectively. New Petrol Price in Pakistan POLs Old Prices New Price Increase Diesel 275.70 280.86 +5.16 Petrol 258.17 266.17 +8.00 The impact could be brutal. Ordinary commuters who rely on motorcycles, rickshaws, and private vehicles, lifelines for millions of middle- and lower-income families, are expected to feel the squeeze immediately. Higher fuel costs typically mean more expensive daily travel, pushing household expenses even higher at a time when financial pressures are already mounting. But ripple effects don’t stop there. Diesel, the fuel that powers heavy transport, agricultural machinery, and public transit, has also surged. This means transportation costs for goods could rise, potentially driving up prices of essential items like vegetables and everyday commodities. Inflation fears are growing, with families worried about shrinking purchasing power and rising living expenses. Global tensions are adding fuel to an already volatile energy market. A joint military strike by the United States and Israel on facilities in Iran has sparked fears of wider instability in oil supplies. Petrol, Diesel Prices increased for March amid Middle East tensions