KARACHI, September 29, 2026 — Pakistan has reduced petrol and high-speed diesel prices, but both fuels remain significantly more expensive than their levels before the US-Iran war began. Petrol has been cut by Rs2.27 per litre to Rs389.03, while diesel has fallen by Rs3.56 to Rs404.97 per litre, according to the Petroleum Division.
Despite the latest reductions, petrol remains about 46% higher and diesel around 44% higher than their pre-war prices, reflecting continued disruption to global energy supplies and shipping through the Strait of Hormuz.
Petrol Price Falls to Rs389.03
Under the latest revision, petrol is now priced at Rs389.03 per litre, down Rs2.27 from the previous rate.
Before the conflict began on February 28, petrol was priced at Rs266.17 per litre. The latest rate therefore remains substantially above the earlier level.
The Petroleum Division said the adjustment was driven by international factors, including changes in Platts rates, premiums and other costs used in the fuel-pricing mechanism.
Diesel Price Reduced to Rs404.97
The government has also lowered the price of high-speed diesel by Rs3.56 per litre, bringing it down to Rs404.97.
Diesel had been priced at Rs280.86 per litre before the war. The current rate is therefore about 44% higher than its pre-war level.
Diesel prices are particularly important for transport, agriculture and other sectors that rely heavily on diesel-powered vehicles and machinery.
Strait of Hormuz Disruptions Continue to Affect Fuel Costs
Pakistan imports a large share of its petroleum requirements, primarily from Saudi Arabia and the United Arab Emirates, leaving its fuel market exposed to disruptions in Gulf shipping.
The Strait of Hormuz, which links the Persian Gulf with the Arabian Sea, previously carried around one-fifth of global daily crude oil and liquefied natural gas supplies. Reduced traffic through the waterway has placed additional pressure on international energy markets.
The International Energy Agency reported that oil flows through the strait averaged 7.6 million barrels per day in August, substantially below pre-war levels.
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Government Offers Targeted Fuel Relief
Alongside the national price adjustments, the government has introduced targeted relief for some consumers.
Under the updated scheme, motorcycle and rickshaw users can receive a Rs500 petrol discount once a week, while owners of cars with engines up to 800cc can purchase 10 litres every 10 days at a Rs100-per-litre discount.
Information Technology Minister Shaza Fatima Khawaja said 4.7 million people had received subsidized petrol during the first eight days of the programme. The subsidy reduces the amount eligible consumers pay but does not change the official national pump price.
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