ISLAMABAD: Fuel prices in Pakistan are expected to increase starting July 1 due to ongoing volatility in global markets.
Analysts at AHL have forecasted this rise as a result of fluctuating international oil prices affecting the local fuel market.
However, the government may attempt to soften the blow on consumers by temporarily reducing the petroleum levy.
This move aims to provide some relief amid the rising fuel costs and ease inflationary pressures on the economy.
Consumers are advised to prepare for the price adjustment while hoping for government measures to minimize the impact.
The final decision on fuel pricing and levy adjustments will be announced shortly by the relevant authorities.
