New Delhi, April 4: Pakistani consumers are bearing almost half of petrol’s retail cost in the form of government levies and industry profit margins, an internal government document has revealed, coming just a day after a massive increase in the prices of both petrol and diesel was announced, a report said.

Petroleum Minister Ali Pervaiz Malik, speaking alongside Finance Minister Muhammad Aurangzeb at a press briefing, announced a Rs 137.23-per-litre rise in petrol prices, pushing the retail rate to Rs 458.41 per litre.

Moreover, high-speed diesel climbed even more steeply, up Rs 184.49 per litre to a new benchmark of Rs 520.35.

Both hikes were attributed to disruptions in the global oil supply chain stemming from the ongoing conflict in the Middle East.

The Ministry of Energy’s pricing document lays bare a cost structure that places the ex-refinery price of petrol at Rs 247.15 per litre — less than the Rs 211.26 per litre piled on through taxes and margins.

Of that non-product portion, a petroleum levy alone accounts for Rs 160.61 per litre, followed by Rs 24.12 in customs duty and Rs 2.50 under the climate support levy.

The inland freight margin adds another Rs 7.52, while oil marketing companies (OMCs) collect Rs 7.87 in profit and pump dealers retain an Rs 8.64 commission per litre.

The picture is markedly different for diesel consumers. The ex-refinery price of high-speed diesel stands at Rs 461.23 per litre, and, unlike petrol, diesel currently attracts no petroleum levy.

In addition, combined taxes and margins on diesel total Rs 59.12 per litre — 11.36 per cent of the retail price — comprising Rs 35.74 in customs duty, Rs 4.37 for inland freight, Rs 7.87 in OMC profit, Rs 8.64 for dealers, and the Rs 2.50 climate levy.

The disclosures have drawn fresh scrutiny to the government’s fiscal strategy, with petrol’s tax-and-margin share more than four times that of diesel, even as pump prices for both fuels reach record highs.

Tehran, April 4: Iran has rejected a US proposal for a 48-hour ceasefire, the semi-official Fars news agency reported on Friday.

The proposal was delivered to Iran through a “friendly” country on Thursday, Fars quoted an informed source as saying.

Washington has stepped up its diplomatic efforts to secure a ceasefire, particularly after an Iranian strike targeted a US “military forces depot” on Kuwait’s Bubiyan Island, Xinhua news agency reported quoting sources.

According to Fars, assessments suggest that the proposal was put forward following an intensification of the crisis in the region and “serious problems” for US forces resulting from their country’s “miscalculation” of Iran’s military capabilities.

The report added that Iran’s response to the offer was not given in writing, but through the continuation of attacks in the battlefield.

Meanwhile, the Iranian army confirmed that its air defence systems shot down a US A-10 “Warthog” attack plane over Iran’s southern waters near the Strait of Hormuz, with the aircraft crashing into the Persian Gulf.

The announcement came shortly after IRGC said that it had downed a US F-35 fighter jet in central Iranian airspace earlier in the day. Later Friday, Iran’s semi-official Mehr News Agency reported that a US Black Hawk helicopter was also hit by a projectile in Iranian airspace while searching for the pilot of the downed US fighter jet.

Yadollah Rahmani, governor of Kohgiluyeh and Boyer-Ahmad province, called on residents in tribal and rural areas to assist authorities in locating “enemy pilots.”

On February 28, Israel and the United States launched joint attacks on Tehran and several other Iranian cities, killing Iran’s then Supreme Leader Ali Khamenei, along with senior military commanders and civilians. Iran responded by launching waves of missile and drone strikes targeting Israel and US assets in the Middle East.

Kabul, April 3: At least two children were killed and nearly 30 people were injured due to shelling and drone strikes carried out by Pakistani forces in eastern Afghanistan, local media reported on Friday, citing officials.

Taliban deputy spokesman Hamdullah Fitrat said the attacks targeting residential areas in Kunar, Paktika, and Khost provinces began on Wednesday, Afghanistan’s Ariana News reported.

“Since yesterday, Pakistani forces have carried out continuous mortar, rocket and drone attacks,” he said, adding that majority of the casualties were civilians, including children.

Two children were injured, and property was damaged after more than 150 mortar and long-range artillery shells hit Sarkano and Manogai districts of Kunar province. Eight children were injured, and two others were killed in shelling in the Dosaraki area of Sarkano’s Nawapas region.

Three civilians were injured after a drone strike in the Shkin district of Paktika province, while two people were injured in a separate drone strike in Zazi Maidan district in Khost.

Afghan officials have criticised Pakistan for its strikes, saying that civilian areas were being targeted intentionally, causing significant harm to local communities, Ariana News reported.

Tensions have escalated tremendously between Kabul and Islamabad over the past few months due to the Pakistani airstrikes and artillery fire, which have resulted in the deaths of dozens of people in war-torn Afghanistan. Meanwhile, talks began between officials of Pakistan and Afghanistan in China’s Urumqi on Thursday.

Afghanistan’s Ministry of Foreign Affairs spokesperson Abdul Qahar Balkhi said the Afghan delegation visited China to hold discussions with Pakistani officials.

On Thursday, Afghanistan’s Minister of Economy, Qari Din Mohammad Hanif, said that more than 27,000 Afghan families across nine provinces have been displaced due to attacks carried out by Pakistan’s military, local media reported.

During a coordination meeting with officials from the United Nations agencies and national and international organisations, Hanif said that Pakistan has carried out hostile actions against Afghanistan in recent months, Afghanistan-based Pajhwok Afghan News reported. He further said that at least 27,344 families have been displaced in Nuristan, Zabul, Paktia, Khost, Paktika, Kunar, Nangarhar, Laghman and Kandahar provinces of the country.

Hanif noted that many of these families are currently residing without access to basic necessities, including adequate food, clothing, shelter and healthcare. He mentioned that the Taliban has taken measures to address the economic and livelihood challenges faced by displaced people of Afghanistan. However, he urged UN agencies and partner organisations to provide humanitarian assistance.