Pakistan's Middle Class Faces Ruin: Petrol Hits PKR 458, Diesel Nears PKR 520

• Pakistan announces a historic petrol price hike to PKR 458 per litre, a PKR 136 increase.
• Diesel prices are projected to reach PKR 520 per litre, impacting logistics and supply chains.
• The surge is due to IMF pressure and depleted foreign exchange reserves, forcing subsidy rollbacks.
• Middle class abandoned as government focuses on lowest-income segments with targeted subsidies.
• Expect catastrophic inflation, rising costs for essentials, and potential nationwide unrest.