Global Fuel Prices Rise Amid U.S. Sanctions

In response to a rise in international crude oil prices, several countries are experiencing increases in fuel prices. In Pakistan, petrol is expected to rise by Rs3.50 per litre, with kerosene and light diesel oil seeing larger hikes due to global market fluctuations. The increase in Brent crude oil prices, partly due to US sanctions on Russian oil, has further exacerbated the situation. In Kenya, fuel prices have been adjusted for the first time in over a year, affecting transportation and industrial costs. Similarly, in the UK, petrol and diesel prices have risen due to a weaker pound and increased crude oil costs. This trend is pressuring governments and consumers globally, with potential impacts on transportation and essential goods costs.