Pakistan Hikes High-Octane Fuel For Luxury Cars

Pakistan’s government approved a PKR 200-per-liter hike on high-octane fuel for luxury vehicles, raising prices from PKR 100 to PKR 300, Prime Minister Shehbaz Sharif confirmed. Earlier petrol and diesel rates were also increased due to global crude prices. Airlines raised domestic fares by PKR 2,800-5,000 and international tickets by PKR 10,000-28,000.