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Pakistan on Friday (March 6) raised consumer prices for diesel and petrol about 20%, citing higher oil prices driven by conflict in Iran.

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00:01Pakistan, on Friday, raised consumer prices for diesel and petrol by about 20%, citing
00:07higher global oil prices driven by the conflict in Iran.
00:11Petroleum Minister Ali Pervez-Malik announced a 55 rupee or 78 sen per liter increase, bringing
00:19diesel to 321.17 rupees or 4 ringgit 54 sen and petrol to 335.86 rupees or 4 ringgit 74
00:29sen.
00:30Before the announcement, fuel stations in major cities such as Lahore and Karachi saw
00:35long lines of people waiting to fill up.
00:38For many Pakistanis, the price hike is adding pressure to an already economic situation.
00:43The situation is the same, Bilal. If the government can do anything in it, then Ramadan will
00:51be able to get out of the children's heat and our heat will be able to get out of the
00:55There is a lot of kashma-kashma, there is a lot of work, there is a lot of work, the
01:00white
01:00color people are very busy, and there is no battle against the war, there is no battle
01:04against the war, there is no battle against the war, there is no battle against the war.
01:06After all the people will be able to eat, where they will eat, what will happen, so we
01:33Prime Minister Shahbaz Sharif warned against fuel hoarding, saying hoarders would be punished
01:39and reserves are sufficient but need careful management amid Middle East crises.
01:44Pakistan, which imports oil mainly from Saudi Arabia and the United Arab Emirates
01:49via the Strait of Hormuz, will reassess fuel prices weekly.
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