Govt reduces petrol price by Rs1.60 per litre, raises high-speed diesel rate by Rs1.64

Dawn22 October 2026, 17:52 UTCIran

The government on Thursday decreased the price of petrol by Rs1.60 per litre, but raised that of high-speed diesel (HSD) by Rs1.64. Following the revision, petrol will retail at Rs377.71 per litre while HSD will cost Rs391.75 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel. According to the Petroleum Division’s notification, the new prices are applicable for Oct 23 (Friday). The price of HSD has come down from a peak of Rs520.35 recorded on April 3. Its price had started rising from Rs281 per litre after the US-Iran war br

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