Govt raises petrol price by Rs13.18, diesel by Rs13.80

The government increased petrol prices by Rs13.18 per litre to Rs310.71 and diesel by Rs13.80 to Rs323.30, effective July 11. The hikes follow a rise from Rs281 for diesel and Rs266 for petrol after the US-Iran war began on February 28, with diesel peaking at Rs520.35 and petrol at Rs458.41 in April. IMF conditions led to a doubled climate support levy of Rs5 per litre from July 1, alongside reduced petroleum levies.