On 16 June 2025, Pakistan saw a major petrol diesel price hike, with petrol rising from Rs 253.63 to Rs 258.43 per liter and diesel jumping from Rs 254.64 to Rs 262.59 per liter. These new petrol and diesel prices have been implemented after the approval of Finance Minister Muhammad Aurangzeb and the recommendations of OGRA, which will be very expensive for the public.
Why the Pakistan Petrol Diesel Price Hike June 2025
Surprisingly, despite the Iran–Israel war, global crude prices remain steady at around $74–75 per barrel, and due to the weakening rupee, the oil imported into Pakistan is becoming more expensive. This is exactly why the Pakistan petrol diesel price hike June 2025 was announced—OGRA and the Finance Ministry cited these global and local pressures.
Because of these three overlapping factors—crude prices, currency depreciation, and new taxes under IMF guidelines—the Pakistan petrol diesel price hike June 2025 seems almost inevitable. Both the government and Finance Minister Aurangzeb have reiterated the same reasons to justify this increase in petrol and diesel costs.
Impact on Everyday Life
We don’t need to just note the hike’s scale, we need to feel the Pakistan petrol diesel price hike June 2025 in our pockets every day. Public transport users are already reeling as operators adjust fares by 10-20 rupees per ride, and city commuters on long routes will see their monthly budgets shrink faster than ever, thanks to this Pakistan petrol diesel price hike June 2025.
Farmers and wholesalers are also under strain because transporting goods has become significantly more expensive. With higher logistics costs, fruits, vegetables, groceries, and essential commodities are set to become pricier for consumers, making daily life even tougher.
IMF & Government Budget Angle
The government has increased defence spending by 20% in the 2025-26 budget but spending on public and economic sectors has been reduced. The IMF has also put pressure on the petroleum levy to sell it so that its revenues can be increased. Currently, the price of petroleum levy is Rs77-78 per liter, which is expected to become Rs100 per liter from July.
