QUETTA / LONDON : The Government of Balochistan has officially fixed the retail price of Iranian petrol at Rs. 280 per liter across the province.
According to an official government notification, charging above the fixed rate is strictly illegal, and violators will face severe legal action.
Authorities have directed citizens to record video evidence of any overcharging and lodge formal complaints with their respective Deputy Commissioner offices.
Meanwhile, Jamaat-e-Islami (JI) Balochistan General Secretary, Murtaza Khan Kakar, has demanded an immediate crackdown on the fuel mafia.
He pointed out that some elements are exploiting citizens by selling Iranian fuel under the guise of Pakistani petrol.
He highlighted that despite the government setting the rate at Rs. 280, the fuel is openly being sold for Rs. 450 to Rs. 500 per liter in Quetta and other districts.
On the international front, global crude oil prices surged by over 1% following escalating geopolitical tensions between the United States and Iran in the Middle East.
The market reacted sharply to US strikes on Iran’s Qeshm Island, which were followed by Iranian missile and drone attacks targeting Kuwait and Bahrain.
With diplomatic talks between the two nations hitting a standstill, Brent crude futures rose by $1.05 (1.09%) to reach $97.05 per barrel.
Similarly, US West Texas Intermediate (WTI) crude increased by $1.01 (1.08%) to settle at $95 per barrel, while UAE’s Murban crude reached $96 per barrel.
