Petrol Price in Pakistan Expected to Come Down by Rs. 55 Amid US-Iran Ceasefire

According to the global energy markets today, crude oil prices just plummeted by 15%. Following Donald Trump’s announcement of a two-week ceasefire with Iran, global markets reacted with immediate optimism. Stock markets are surging, but the real story is in the oil barrels. Brent crude and WTI have both slid significantly, creating a massive window for the government to slash domestic rates.

Industry sources reveal that the petrol price in Pakistan could drop by as much as Rs. 55 per litre. Even more impressive is the outlook for diesel, with potential cuts ranging between Rs. 95 and Rs. 100 per litre.

Prime Minister Shehbaz Sharif holds the final pen on this decision. Given the 15% decline in global crude, the pressure is on to pass this relief directly to the citizens. If approved, this would be one of the most substantial price drops in recent history, directly countering the inflation that has squeezed households across the country.