Pakistanis face unprecedented fuel price rise of up to 54% as global oil price spikes

Inflatie

ISLAMABAD (AP) — Pakistanis faced record fuel price increases Friday, as petrol and diesel prices rose by up to 54% driven by the war in the Middle East that has caused global oil prices to surge. The increase adds pressure to a cash-strapped nation already grappling with high inflation , as economists warned the hike would push up food prices and living costs. Pakistan’s Petroleum Minister Pervez Malik said late Thursday that the increase was “unavoidable.” He said the government was compelled

Tag-uri: Islam Inflatie Petrol

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