Pakistan has drastically hiked fuel prices this week even as the energy crisis continue to reverberate across continents over the ongoing US-Iran war, now in its second month.

Petroleum minister Ali Pervaiz Malik on Thursday raised petrol prices by PKR 137.24 ( ₹45.6 or $0.49) to PKR 458.4 per litre ( ₹152.6 or $1.65), a hike of 43 per cent; while diesel prices were raised by PKR 184.49 per litre ( ₹61.42 or $0.66) to PKR 520.35 per litre ( ₹173.23 or $1.87), a rise of 55 per cent, the Dawn reported.

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