📌 Key Highlights & Quick Takeaways:
- The Urdu Post (Monitoring Desk): In the context of Iran-US tensions, the procedure for setting petrol prices has been changed, the new procedure.
- According to the sources, after the approval of the Cabinet, the Petroleum Division issued the new formula to the refineries.
- The import price of petrol will be determined on the basis of the actual import cargo cost of the PSO, while the premium and additional costs of.
The Urdu Post (Monitoring Desk): In the context of Iran-US tensions, the procedure for setting petrol prices has been changed, the new procedure will be applied for the next 30 days.
According to the sources, after the approval of the Cabinet, the Petroleum Division issued the new formula to the refineries.
The import price of petrol will be determined on the basis of the actual import cargo cost of the PSO, while the premium and additional costs of the last cargo will be allowed to be used if the actual import cost is not available.
Oil refineries will be able to set the ex-refinery price of petrol at the level of March 7, 2026 for the next 30 days. Refineries will be allowed to keep premium, surcharge and customs duty at the level of March 7, 2026.
