Petrol prices likely to reach Rs300 per litre mark in Pakistan
Web Desk
25 October, 2025 17:16
Petrol prices likely to reach Rs300 per litre mark in Pakistan
Fuel prices around the world are expected to rise sharply after the United States imposed new sanctions on Russian oil companies. Experts warn that as a result, petrol and diesel prices in Pakistan could soon exceed Rs300 per litre.
According to market analysts, India and China—two of the largest buyers of Russian oil—have decided to stop purchasing from Russia to avoid the risk of facing similar U.S. sanctions.
Currently, China imports about 47% of its oil and India around 38% from Russia. Together, they buy nearly 7.3 million barrels of oil per day from Russian suppliers. If both countries shift to the open market, global demand will surge, pushing prices even higher.
Experts say that because Pakistan’s fuel prices depend on international rates, petrol and diesel costs could cross Rs300 per litre in the coming days.
So far, the Government of Pakistan has not issued any official statement about this possible price hike.
Analysts also warn that gas prices may increase, as the U.S. has restricted European nations from purchasing natural gas from Russia, further tightening the global energy supply.
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