Pakistan Hikes Luxury Fuel Levy By Rs 200 On Premium Petrol, Expects Rs 9bn Monthly Relief

• Pakistan raises petroleum development levy (PDL) on high-octane premium petrol from Rs 100 to Rs 300 per litre.
• The Rs 200-per-litre hike targets affluent users of high-end imported vehicles, generating Rs 9 billion monthly.
• Ordinary petrol prices for the general public will remain unaffected, as stated by Prime Minister Shehbaz Sharif.
• The move comes amid rising global fuel costs and Middle East tensions, aiming to burden wealthier consumers.
• Report warns Strait of Hormuz disruption could push Pakistan's inflation to 9-12%, highlighting import dependency.