Pakistan News: Pakistan's outgoing caretaker government has increased the petrol price by PKR 2.73 per litre to PKR 275.62 per litre. The price of high-speed diesel has also been hiked by PKR 8.37 per litre to PKR 287.33 per litre. The rise in fuel prices comes amid the alarming situation in the Red Sea where Houthis target and restrict the movement of vessels and other ships.