Pakistan cuts petrol price by Rs74 after US-Iran peace deal eases oil costs (opens original article in a new tab)

Pakistan reduced petrol and diesel prices after US-Iran peace deal eased global oil market pressures, with the government passing on lower international prices to consumers.

• Pakistan cut petrol price by Rs74 per liter and diesel by Rs67 per liter following US-Iran peace deal
• Global oil prices fell due to reduced conflict in the Middle East
• Government used Rs129 billion in savings to offset fuel cost increases