Iran US Deal Signed | Petrol Price Likely To Decrease By 22 Rs Per Liter | SAMAA TV

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Iran US Deal Signed | Petrol Price Likely To Decrease By 22 Rs Per Liter | SAMAA TV
The government on Friday announced a reduction in fuel prices, bringing some relief to the public amid ongoing inflationary pressure. According to the latest notification, the price of petrol has been reduced by Rs4 per litre, while high-speed diesel (HSD) has been cut by Rs2 per litre with immediate effect.

After the revision, the new price of petrol now stands at Rs373.78 per litre, down from Rs377.78, while high-speed diesel has been reduced to Rs378.78 per litre from the previous Rs380.78.

The Petroleum Division confirmed in its official notification that the revised fuel prices will be applicable from Saturday, June 13. The move comes as part of the government’s regular fortnightly review of petroleum prices, influenced by fluctuations in the global oil market and exchange rate adjustments.

This price cut is expected to provide partial relief to consumers and transporters who have been facing rising operational costs in recent months. However, the impact on overall inflation remains to be seen.


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