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Relief for the Common Man: Pakistan Cuts Petroleum Levy to Counter Record Hikes as Global Crude Hits $150 Per Barrel."

By prasanna jodidar
Relief for the Common Man: Pakistan Cuts Petroleum Levy to Counter Record Hikes as Global Crude Hits $150 Per Barrel."

"The Midnight U-Turn: PM Shehbaz Sharif Slashes Petrol by PKR 80 After Public Outcry; Fuel Prices Stabilize at PKR 378 Amid Global Oil Storm."

Pakistan is at it again, the mother of mess, a state that cannot be called a country, dead economy, illiteracy, crime and brutality, radicle ideas, there cannot be a single good element in this hellhole.

The country guided by religious hypocrisy, highly corrupt leadership, no government and no system.

In short, A living hell on earth. In a major move Pakistan has lowered the petrol and diesel price on 3rd of April, 2026. The reason being West Asian conflict. One can imagine their IQ; in such a situation they have sent two ships of Petrol to US and Iran got wild they burnt all the ships which was destined to Pakistan. Amazon Brand - Myx Women's Schiffli Embroidery Ethnic Dress | Fit and Flare | Knee Length (Available in Plus Sizes)

The Price Cut: Petrol prices were slashed by PKR 80 per litre.

New Petrol Price will come to Effect from midnight April 4; petrol will cost PKR 378 per litre (down from the briefly enacted PKR 458.41).

High-Speed Diesel (HSD) prices remain unchanged at a staggering PKR 520.35 per litre.

The reduction was achieved by cutting the Petroleum Levy (PL), which the government had increased just 24 hours prior to meet IMF-mandated fiscal targets.

The U-turn came after the government initially announced an unprecedented 43% hike in petrol and a 55% hike in diesel on Thursday, April 2.

Within hours of the hike, motorcycles formed massive queues at fuel stations, and spontaneous protests broke out in Lahore and Karachi. Public backlash reached the new height.

Petroleum Minister Ali Pervaiz Malik noted that international crude prices (Dubai/Oman) had crossed $150 per barrel, making previous subsidies of PKR 129 billion unsustainable. Tragedy Strikes Dry Bihar Again: 5 Dead, SHO Suspended, and SIT Formed Following Spurious Liquor Consumption in East Champaran

While the price cut provides immediate relief, sources indicate it may lead to a significant shortfall in the budgeted petroleum levy target of PKR 1.46 trillion for the fiscal year 2025-26. Neither the End nor the Beginning: Iran Targets Seven Major Gulf Bridges in retaliation against US Strikes on Karaj

Diesel is more expensive than petrol!!!

making Pakistan very unique in being a global moron