Pakistan's Prime Minister Shehbaz Sharif has approved a cut in the price of high-speed diesel by Rs32.12 per litre, bringing it down from Rs385.54 to Rs353.43, according to a statement from the Prime Minister's Office. The reduction is part of a series of fuel price adjustments in recent weeks, following a sharp 55% hike in diesel prices announced on 2 April amid the US-Israeli conflict with Iran. High-speed diesel is primarily used in Pakistan's heavy transport sector and for large generators, meaning the cut is expected to ease costs across the broader economy.