{"id":3278,"date":"2026-04-18T12:31:54","date_gmt":"2026-04-18T12:31:54","guid":{"rendered":"https:\/\/www.worldwatchalert.com\/?p=3278"},"modified":"2026-04-18T12:31:56","modified_gmt":"2026-04-18T12:31:56","slug":"pakistan-cuts-prices-of-jet-fuel-and-light-diesel","status":"publish","type":"post","link":"https:\/\/www.worldwatchalert.com\/?p=3278","title":{"rendered":"Pakistan Cuts Prices of Jet Fuel and Light Diesel"},"content":{"rendered":"\n

ISLAMABAD: <\/strong>Pakistan on Saturday announced a reduction in the prices of jet fuel and light diesel oil following a decline in global crude oil rates after Iran declared the full reopening of the Strait of Hormuz.<\/p>\n\n\n\n

According to official notifications, the price of light diesel oil has been cut by Rs70.04 per litre, bringing the new rate down to Rs299.32 per litre.Similarly, jet fuel prices have been reduced by Rs23.59 per litre. <\/p>\n\n\n\n

The new price of aviation fuel has been set at around Rs471 per litre for commercial flights, reflecting a notable decrease over the past week.Passengers are now hopeful that airlines will pass on the benefit of reduced jet fuel prices to consumers by lowering airfares.<\/p>\n\n\n\n

A day earlier, Prime Minister Shehbaz Sharif had approved a reduction in diesel prices by Rs32.12, bringing the new rate to Rs353.43 per litre. The prime minister stated that the government would transfer the full benefit of falling international oil prices directly to the public.<\/p>\n\n\n\n

Global oil markets have witnessed significant volatility in recent weeks due to tensions involving Iran. Analysts estimate that more than $50 billion worth of crude oil production was disrupted during the conflict, with lasting effects expected on global supply chains.<\/p>\n\n\n\n

Data further indicates that since late February, over 500 million barrels of crude oil and condensate were withdrawn from the global market, marking one of the largest supply disruptions in recent history.<\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD: Pakistan on Saturday announced a reduction in the prices of jet fuel and light diesel oil following a decline in global crude oil rates after Iran declared the full… <\/p>\n","protected":false},"author":1,"featured_media":3279,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[1603,35],"class_list":["post-3278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan","tag-fuel-prices-pakistan","tag-pakistan"],"yoast_head":"\nPakistan Cuts Prices of Jet Fuel and Light Diesel - World Watch Alert<\/title>\n<meta name=\"description\" content=\"Pakistan reduces jet fuel and light diesel prices after a decline in global crude oil rates, with the government passing on relief to consumers following easing tensions and improved supply conditions in international oil markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.worldwatchalert.com\/?p=3278\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan Cuts Prices of Jet Fuel and Light Diesel - 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