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Petrol price hiked by Rs5, diesel by Rs7.32

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•The federal government of Pakistan increased petrol prices by Rs5 per liter on February 16, 2026.
•The federal government of Pakistan increased diesel prices by Rs7.32 per liter on February 16, 2026.
•The Pakistan Peoples Party publicly criticized the federal government for the fuel price hike ahead of Ramazan.

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▸If the government maintains or further increases fuel prices before Ramazan public dissatisfaction may rise, potentially impacting political stability and consumer spending in Pakistan.

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If domestic fuel price hikes reflect global crude price trends, Brent Crude prices may experience volatility due to demand and supply adjustments.

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🌍Pakistan

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📈diesel 📈petrol

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🏛Government of Pakistan

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Fuentes (2)

REGIONALDawn (Pakistan)PPP criticises federal govt for dropping ‘petrol bomb’ on public close to Ramazan REGIONALDawn (Pakistan)Petrol price hiked by Rs5, diesel by Rs7.32

On February 16, 2026, the federal government of Pakistan increased petrol prices by Rs5 per liter and diesel prices by Rs7.32 per liter. This decision has drawn criticism from the Pakistan Peoples Party (PPP), which described the hike as a 'petrol bomb' impacting the public just before the holy month of Ramazan. The price adjustment reflects ongoing fiscal pressures and energy sector challenges in Pakistan, affecting transportation and consumer costs nationwide. The timing of the hike is politically sensitive given the approaching Ramazan period, when household expenses typically rise.