A petition has been filed in the Lahore High Court (LHC) against the recent increase in petroleum prices. The petition stated that the government’s decision to raise petrol prices by Rs 55 per liter is illegal and catastrophic to the public.
It argued that the hike will increase costs in transportation, electricity, agriculture, and essential goods. The petition further argued that oil marketing companies already have a 15-day stock of petroleum products, making the price increase unjustified.