Pakistan said today that it was sharply increasing consumer prices for gasoline and diesel, the second time it has raised prices in less than a month as the Iran war sends the cost of oil soaring.<\/p>\n
The price of diesel will increase almost 55% to 520.35 rupees per liter ($6.94 per gallon), and gasoline by almost 43% to 458.40 rupees per liter ($6.23 per gallon).<\/p>\n
\u201cIt was inevitable to raise the prices due to the international market prices going out of control after the U.S.-Iran war,\u201d Petroleum Minister Ali Pervaiz Malik said in a televised news conference.<\/p>\n
People in Pakistan decried what they described as a \u201cpetrol bomb,\u201d saying it would worsen a cost-of-living crisis.<\/p>\n
Gohar Ali, 52, says he is paid 50,000 rupees ($180) a month as a driver at a public sector medical college in the city of Peshawar, where he has worked for more than 10 years.<\/p>\n
\u201cI would spend 500 rupees daily on traveling and would not eat anything else as I could not afford,\u201d he told NBC News. \u201cWith the rise in fuel prices my traveling cost goes up to 1,000 rupees a day, meaning I have to spend 25,000 rupees on my travel only.\u201d <\/p>\n
The remaining 25,000 rupees, he said, has to cover the cost of feeding his five-member family, as well as paying for school fees, transportation and other expenses.<\/p>\n
\u201cPresident Trump in attacking Iran has caused us numerous financial problems, making it impossible for us to survive,\u201d Ali said. \u201cToday everyone in the college was discussing these sky-high fuel prices as they will have an extremely negative impact on poor people like us.\u201d<\/p>\n
Anar Gul, 56, a security guard at a private security company, said life was already miserable due to high inflation and low wages, \u201cbut the way the government has increased fuel prices, I am not sure we will survive anymore.\u201d <\/p>\n
He said he earns 40,000 rupees a month, and like Ali spends 500 rupees a day on traveling. <\/p>\n
\u201cMy travel expenses will now be doubled and I have to quit this job, as I will not be able to save any money for my family. It\u2019s bad to tell you, but I take my breakfast at home and then don\u2019t eat anything until I get home as I can\u2019t afford to eat anything at a restaurant,\u201d Gul said.<\/p>\n","protected":false},"excerpt":{"rendered":"Pakistan said today that it was sharply increasing consumer prices for gasoline and diesel, the second time it…\n","protected":false},"author":2,"featured_media":373214,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[85,46,43],"class_list":{"0":"post-373213","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-israel","8":"tag-il","9":"tag-israel","10":"tag-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/373213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=373213"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/373213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/373214"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=373213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=373213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=373213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}