Pakistan is preparing for a Rs 5 per litre increase in petrol and diesel prices from July 1, in response to rising global oil prices and evolving fiscal conditions. State-owned oil companies will adjust ex-depot rates, which could affect fuel pump prices and influence transportation and commodity costs nationwide.

The decision follows recent fluctuations in international crude benchmarks and local excise duties. Analysts warn that the price hike may contribute to higher inflation and transportation costs, placing additional pressure on businesses and households.

Ministerial and energy circles are monitoring international oil trends and local tax structures ahead of the final fuel pricing announcement later this week. Stakeholders are urged to prepare for readjustments in logistics, public transport, and inflation management strategies as the increase takes effect.