ISLAMABAD: Pakistan’s petrol prices have fallen nearly 11 percent since the beginning of November after authorities announced a fresh reduction of Rs8 per liter on Tuesday, as global oil markets weakened amid growing expectations of an easing of US-Iran hostilities following the American midterm elections. The latest cut, effective Wednesday, brings petrol prices to Rs338 per liter, down Rs39. 91 from October 31, while high-speed diesel has fallen by Rs31. 96, or nearly 8 percent, to Rs371 per lit
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