ISLAMABAD – As global oil markets witnessing price drop, Pakistani consumers got another blow with petrol and diesel prices moving upward. According to the Petroleum Division, OGRA revised ex-depot prices under the government’s petroleum pricing mechanism. New Fuel PricesProduct Previous Price New Price Increase Petrol Rs 334.18/litre Rs 335.81/litre +Rs 1.63 High-Speed Diesel Rs 386.83/litre Rs 388.38/litre +Rs 1.55As tensions between the United States and Iran showed signs of easing, crude oil prices witnessed one of the biggest single-day declines of 2026. The market reaction came after investors breathed a sigh of relief over reduced fears of supply disruptions following a temporary pause in US-Iran military tensions. The contrast between international and domestic markets has sparked criticism, with consumers questioning why falling global oil prices often take time to appear at Pakistani fuel pumps, while increases seem to arrive with much faster speed.