Pakistan cuts petrol by Rs74 per litre to Rs299, diesel down Rs67 to Rs311

Pakistan’s prime minister Shehbaz Sharif announced a sharp cut in fuel prices, lowering petrol by Rs74 per litre to Rs299 and high-speed diesel by Rs67 to Rs311. The new rates took effect immediately as international oil prices continued to fall amid easing geopolitical tensions and improved stability in key energy supply routes. The government said it was passing through lower global energy costs to domestic consumers under the existing fuel-pricing mechanism.