Pakistan’s federal government announced a hike in petrol and diesel prices on Tuesday (local time), as reported by ARY News.

According to the notification issued by Pakistan’s Ministry of Finance, the petrol prices were increased by Rs 4.07 per litre, taking the new rate to Rs 268.68 per litre. Meanwhile, the prices of high-speed diesel rose by Rs 4.04 per litre, with the new rate at Rs 276.81 per litre.

The new petrol and diesel prices came into effect immediately.

The development follows Pakistan’s Oil and Gas Regulatory Authority’s announcement of a reduction in Liquefied Petroleum Gas prices for October.

As per the order, the price of a domestic LPG cylinder has been reduced by Rs 79.14, bringing the cost down from Rs 2,527 to Rs 2,448.

OGRA said that the per-kilogram LPG price ha

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