The Pakistani government has announced a 35-PKR increase in petrol and diesel prices per litre. Pakistan Finance Minister Ishaq Dar announced the increase in fuel prices, which took effect at 11 a.m. on January 29. On Sunday, Ishaq Dar made the announcement during a televised address. He stated that kerosene and light diesel oil prices had been raised by PKR 18 per litre. According to the Pakistan Finance Ministry, the new price of petrol is PKR 249.80 per litre and diesel is PKR 262.80 per litre.
Amid a global oil crisis brewing because of growing tensions between Russia and the EU and the US over oil supply and oil prices, Bangladesh should immediately get into negotiations with energy-exporting countries to come up with arrangements that are favourable for the country.