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Home PM Shehbaz to announce new petrol prices on Friday

PM Shehbaz to announce new petrol prices on Friday

Staff Report by Staff Report
April 30, 2026
in Business, Economy, Featured, National
Petrol prices set to rise from October 1

Prime Minister Shehbaz Sharif tells the cabinet that petrol prices face another rise on Friday.

Global oil costs hit record highs, creating tough challenges for Pakistan. In addition, the nation adjusts fuel rates again to match market trends. Before the war, Pakistan spent $300 million weekly on oil imports. Now, costs jump to $800 million per week. Moving forward, this surge strains the economy hard.

Despite pressures, Pakistan pays back $3.5 billion in foreign debt. The Prime Minister thanks Saudi Arabia for key economic aid. He also praises the petroleum minister’s hard work. Furthermore, leaders discuss keeping subsidies for public transport and key industries. This step shields daily commuters and businesses from full impact.

As a result, families save on bus and truck fares. The cabinet reviews Pakistan International Airlines privatization closely. Shehbaz Sharif rallies patriotic citizens to stand united. Pakistan always overcomes historic difficulties together. In addition, Islamabad hosts major US-Iran peace talks. The nation takes big responsibility for these sessions. On April 11 and 12, talks run 21 hours straight.

Field marshal, foreign minister, and Mohsin Naqvi push the ceasefire deal. Iranian envoy Abbas Araghchi visits Pakistan, Oman, and Russia. He promises answers soon after checking with leaders. This diplomacy highlights Pakistan’s key role. It fosters hope amid global tensions. Moving forward, successful talks could ease oil pressures and boost stability.

The Prime Minister urges teamwork through crises. Fuel hikes hurt wallets, but smart policies promise relief. Citizens brace for changes while eyeing progress. Nationwide, people watch prices closely. Government balances imports, debt, and aid wisely. Brighter days lie ahead with resolve and support.

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