Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
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Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: Brent crude, Energy, houthi, oil prices, Pakistan, petrol prices, red sea, Saudi Arabia, tanker attacks, US-Iran war

Arab News

Brent Crude Hits $100 Per Barrel for First Time Since May as Houthi Attacks on Saudi Tankers Open New Front

Brent crude crossed $100 per barrel on July 24, 2026 — its highest level since May — rising more than 13 per cent on the week after Houthi forces attacked two Saudi oil tankers in the Red Sea in what the group described as enforcement of a new blockade of Saudi ports. Kazakhstan's suspension of crude exports through the Caspian Pipeline Consortium terminal following drone attacks compounded the supply shock. For Pakistan, which now sets retail fuel prices daily against global benchmarks, the implications are immediate.

The Announcement Effect

The KSE-100 gained 2,442 points in a single session on July 21 on the news that Qatar, Oman, Egypt and Pakistan were mediating a 10-day US-Iran ceasefire proposal. No ceasefire had been agreed. No deal was on the table. The stock market priced in a war that might end before the war has actually ended. Pakistan's economy is now so deeply coupled to the Strait of Hormuz that a diplomat saying the right things in the right room can move Rs278 billion in equity value in an afternoon.

Petrol prices hiked by Rs 14.9 per litre

ISLAMABAD: The caretaker government on Friday increased the price of petrol by Rs 14.9 per litre, according to a notification issued by the Finance Ministry. According to details, the rate of petrol have reached to Rs305.36 per litre with increase of Rs 14.9 per litre. Meanwhile, the price of high-speed diesel (HSD) has been increased by Rs18.44 per litre to Rs311.84. On August 16, Petrol price were increased by Rs17.50 per litre to Rs290.45, while high-speed diesel was increased to Rs293.40. Prior to this, the then federal government had increased the price of petrol by Rs19.95 per litre on August

Petrol price likely to go up by Rs10 to 15/litre from April 16

ISLAMABAD: The petrol price is likely to go up by Rs10 to 15 rupees per litre for the second half of April 2023. However, the cost of the high-speed diesel (HSD) may be raised by only 30 paisa. As per the federal government sources, the ex-depot price of petrol is expected to jump by Rs14.77 per litre, High-Speed Diesel (HSD) by Rs0.30 per litre while kerosene oil by Rs8.96 per litre and Light Diesel Oil (LDO) Rs3.36 per litre for the second fortnight of this month. The currently expected price hike of petroleum products is attributed to rising oil prices

Petrol prices increased by 12 rupees per litre from 16 February

ISLAMABAD: The Government of Pakistan after the approval of Prime Minister Imran Khan has increased petrol prices by twelve rupees per litre. The new petrol price will be 159.86 per litre, an 8% increase from the previous price of 147.83 rupees per litre. Pakistan is currently undergoing severe levels of inflation with prices of basic goods including food items rising drastically. According to a press release issued by the Finance Division of the government of Pakistan, Prime Minister Imran Khan approved the recommendation of the increase in prices.

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
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