The petrol shortage in Rawalpindi has escalated, as regular petrol is out of stock at many of the city’s fuel pumps.
The shortage of petrol has also caused a public crisis, and the transportation system has also become affected.
Sources say that petrol pumps have only octane available for sale, which is being sold at the price of 420 rupees per litre.
The supply of such high-priced petrol has also aggravated the public’s issues and they are forced to buy expensive petrol.
The public is concerned that if the government does not take immediate action, the crisis is expected to worsen.
The public has called on the government to make regular petrol available and lower prices so that it can provide the public with relief.
Read more: Transport fares rise as inflation makes return after petrol price hike
The government has recently hiked petroleum rates by a considerable Rs26.77 per litre for both petrol and high-speed diesel.
The official statement mentions that the new prices have taken effect immediately, putting additional burden on the consumers who are already struggling with the high cost of living.
With the revision, petrol now costs Rs393.35 per litre, up from the previous Rs366.58 and high-speed diesel is now selling at Rs380.19 per litre (up from Rs353.42).
The hike is a result of the government’s fuel price adjustment, considering changes in international prices and the national currency’s exchange rate.
The increase is likely to impact various sectors of the economy, especially those related to transportation and logistics, which can result in the price increase of necessary goods.
The revised rates will be effective until the next adjustment, keeping inflation at the forefront of minds over the next few days.
Also read: Government revises petrol, diesel prices
