Pakistan Warns Petrol Prices Could Rise Sharply as Fuel Supply Crisis Deepens

Pakistan’s Petroleum Minister Ali Pervaiz Malik has warned that petrol prices in the country could witness a steep increase if the ongoing fuel supply crisis worsens. The warning comes as global crude oil prices remain volatile and concerns grow over disruptions to oil shipments, putting additional pressure on Pakistan’s already fragile economy.

According to the minister, Pakistan is facing mounting challenges in maintaining fuel supplies because of rising international oil prices, import-related difficulties and limited foreign exchange reserves. Officials are closely monitoring the situation and are working on measures to ensure the availability of petroleum products while trying to minimise the impact on consumers.

The possibility of another fuel price hike has sparked concerns among businesses and the public, as higher petrol and diesel prices could further increase transportation costs and inflation. The government has already introduced several fuel-saving measures in response to the energy situation, while authorities continue to assess developments in the global oil market.