By Admin 
Fuel Prices in Pakistan-Bangladesh: Due to tension in West Asia, there was a huge rise in the prices of crude oil in the international markets. Due to this, fuel prices have increased significantly in India’s neighboring countries. Petrol has become costlier by about 40-50% in Pakistan. In Bangladesh too, petrol prices have increased by about 43%. It is fortunate that the Indian government took sensible steps and saved domestic consumers from this major shock.
Situation worsened in Pakistan and Bangladesh
In Pakistan, the government has recently increased the prices of petrol by more than Rs 13 on July 11. Due to this, the price of petrol per liter has now increased to 310.71PKR, which is equivalent to Rs 106.59 in Indian currency. The price of diesel here is Rs 323.30, which is approximately Rs 110.91 in Indian currency.
The situation in Bangladesh is also similar. The price of petrol here in June is 109.82 taka per liter, whereas in June 2022 the price of petrol here was 76.97 taka. That means there has been a jump of 42.69% in prices. It is clear from this that if seen in terms of Indian currency, fuel prices in both Pakistan and Bangladesh are becoming costlier by Rs 5-10 compared to many states of India.
What is the situation in India?
Even though oil prices are skyrocketing globally, even during this crisis, fuel prices in India have increased by only 5.58%-7.76%. The government oil companies (IOCL, BPCL, HPCL) bore the brunt of the rising oil prices in the international market so that there is no impact of inflation on the general public. When the situation became a little normal, the Ministry of Petrol and Natural Gas lifted all temporary restrictions from July 1, 2026.
Apart from this, the government increased the export duty on petrol to Rs 4 per liter to increase domestic supply so that companies give priority to domestic markets before selling oil outside the country.
Q2. How did India move to 20 percent blending so quickly?
🔹In 2021, India required around 500 to 600 crore liters of ethanol annually to achieve 10 percent blending. As fresh investments expanded production capacity, annual ethanol availability approached 1,200 crore litres.… pic.twitter.com/HKYjmSAKnp
— PIB India (@PIB_India) July 10, 2026
What clarification did the government give on E20?
The government, while clarifying the questions arising in the minds of people regarding E20 fuel, rejected the fears of it causing damage to old vehicles. The government claims that before launching E20 fuel in the market, it has been extensively tested on more than 40,000 vehicles and it is completely safe.
Also read:
LPG cylinder transfer rules changed, know what is the new update and today’s latest rate