Why did Pakistan raise fuel prices by an ‘unprecedented’ 40-50% in one go?

Times Of India — Apr 03, 16:58 PM

Usually, Pakistan goes populist and softens the blow.

So, what forced it to let prices jump all at once?

Read full article at Times Of India →

Global fuel crisis intensifies

Energy prices surge amid war with Iran ABC News — Apr 03, 14:10 PM
Checking a bag on United Airlines now costs $10 more as Iran war sends jet fuel costs up nearly 100% in major hubs Fortune — Apr 03, 22:28 PM
UK businesses struggle as costs surge amid war on Iran fallout Al Jazeera — Apr 03, 18:05 PM
War on Iran fallout on Pakistan: Petrol prices steep increase resulting in shortages Al Jazeera — Apr 03, 13:32 PM
Northern Ireland leads surge in fuel prices since start of Iran war The Guardian — Apr 03, 14:00 PM