The government of Pakistan has increased petrol prices by 43 percent and high-speed diesel prices by 55 percent, citing rising global oil costs caused by the ongoing war in Iran. The announcement was made on April 3, 2026. The country’s energy minister stated that government resources are limited and that the conflict shows no sign of ending soon.

Pakistan relies heavily on imported oil, much of which passes through the Strait of Hormuz. The government recently reported securing safe passage for some Pakistan-flagged vessels through the strait, which Iran has effectively closed. This marks the second fuel price hike since the start of the Iran war.

Compared to pre-war levels, petrol prices in Pakistan are now 77 percent higher and diesel prices 87 percent higher. The government said certain users will continue to receive subsidies.