Government Raises Aviation Fuel Rate
The government has increased the price of jet fuel by Rs13.23 per litre after the latest rise in international oil prices.
According to reports, a notification issued on Saturday fixed the new jet fuel price at Rs350 per litre.
The increase comes shortly after the government also raised the prices of petrol, diesel and kerosene oil.
Global Oil Market Pushes Fuel Costs Higher
Officials said the latest revision was made due to a sharp increase in global oil prices.
The rise in international fuel rates has pushed up domestic energy costs across several categories.
Jet fuel prices are directly linked to global oil market trends. Any major increase in international prices can quickly affect aviation fuel rates in Pakistan.
Airlines May Face Higher Operating Costs
The new jet fuel price is expected to increase pressure on the aviation sector.
Fuel is one of the biggest operating costs for airlines. A rise in jet fuel prices can affect flight operations, airline expenses and future ticket pricing.
The increase comes at a time when Pakistan continues to face uncertainty in global energy markets.
Industry observers say continued volatility in oil prices could create further challenges for transport, aviation and consumers in the coming weeks.
