Prime Minister Shehbaz Sharif has decided not to increase the prices of petroleum products this time

Monika March 13, 2026
Government's blunt decision to maintain petroleum prices
Summary: Despite a sharp increase in global oil prices, the government has announced not to increase the price of petroleum products. Prime Minister Shahbaz Sharif approved this decision. This move is an attempt to directly protect the public from the severe financial pressure of inflation. The final seal was given on keeping prices stable in the scheduled meeting on March 13.

An unexpected relief has come to the people. Prime Minister Shehbaz Sharif has categorically rejected the sudden increase in oil prices globally. He has taken a firm decision to keep the prices of petrol and diesel stable at the national level.

On Friday, March 13, the federal government was supposed to review the prices of petroleum products for a fortnight. Contrary to all expectations, the government completely avoided shifting the economic burden on the people. This move directly targets millions of citizens who are already being crushed by the inflationary pressure. Shahbaz Sharif clarified that the sole and ultimate objective of this government decision is to reduce the financial pressure from the shoulders of the people. To provide them immediate relief.

Just a few days ago, on March 6, the government imposed a massive hike of Rs 55 per liter in the prices of petrol and diesel. This sharp increase was a direct result of the ongoing tensions in the region. The war that broke out between the US, Israel and Iran severely affected the oil supply lines in the global market. This serious crisis that arose at the global level put unbearable pressure on the domestic energy prices. The government today chose the path of absorbing this pressure and saving the citizens from the economic shock. 

  • Government decision: Stopping the expected increase in petrol and diesel prices
  • Announcer: Prime Minister Shahbaz Sharif ( March 13, 2026 )
  • Primary objective: Immediate reduction in the financial burden on ordinary citizens
  • Previous situation: On March 6, a huge increase of Rs 55 per liter was imposed in the prices of petrol and diesel.
  • Global drivers: US, Israel and Iran in the Middle East. War causes sharp rise in global oil prices

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