Airline fares in Pakistan might see a hike as jet fuel prices have increased for the sixth time in a month. The price of jet fuel has risen by 40 rupees per liter, according to aviation sources. Pakistan International Airlines (PIA) is facing a financial crisis, and the fuel supply from the Power and Petroleum Division has been reduced. As a result, the new price of jet fuel in the country has risen to 517.17 rupees per liter. Since March 1, the price of jet fuel has increased by 329.17 rupees per liter, which may lead to a rise in domestic and international airline fares.
Consumers are complaining that a kilogram of Liquefied Petroleum Gas (LPG) is being sold at an additional 200 rupees above the government-set rate. The price of LPG has reached up to 530 rupees per kilogram in various districts. The Pakistan Stock Exchange (PSX) witnessed a decline in the 100-share index, which dropped to 150,398 points after falling 1,308 points in the last business week.
Vice Chairman of the All Pakistan Petrol Pump Association, Noman Butt, expressed his concerns about the rise in petroleum products prices. The Federal Bureau of Statistics has released a weekly report on inflation. Gold prices have increased in Pakistan, with the yellow metal becoming more expensive in the country’s currency markets. The Power Division has released a three-month detail of the government’s power package, stating that industrial and agricultural sectors have used 23% more electricity than usual from December 2025 to February 2026.
Chairman of the Pakistan Public Transport Owners Association said that the government should immediately reverse the increase in diesel prices. Data suggests that exports have decreased by 8% from July to March. The State Bank of Pakistan has made a significant decision to strengthen the country’s younger generation financially. Gold prices have increased in Pakistan’s currency markets, with the yellow metal becoming more expensive.
The ongoing war in the Middle East has led to the closure of the Strait of Hormuz, resulting in a significant increase in global trade costs. The British journal, The Economist, has published a list of countries facing “extremely severe consequences” due to the war-driven global oil crisis. A crucial meeting was held at the Karachi port to address the issue of old containers. The United Arab Emirates, the United States, and Israel have suffered a loss of $120 billion in their markets during the war.
The United States has given Iran 10 days to negotiate or open the Strait of Hormuz, with only 48 hours left. Russia’s state-owned nuclear company has removed 198 of its staff from the Bushehr nuclear power plant in Iran after a US-Israeli attack. A writer has noted that Pakistan has maintained its relations with China, with US President Trump preferring Pakistan’s Field Marshal as a mediator, while Indian Prime Minister Narendra Modi is facing a diplomatic setback. According to news agency, Hamida Suleimani and her daughter were arrested after being stripped of their green cards. Iran’s Revolutionary Guard has claimed to have successfully targeted an Israeli aircraft using a drone.
