Pakistan petroleum dealers strike over new taxes

The bustling metropolis of Karachi is grappling with a severe fuel shortage as the Pakistan Petroleum Dealers Association (PPDA) continues its nationwide strike.

The crisis began early Friday morning when petrol stations across Karachi and other parts of Pakistan shuttered their operations at 6 AM, following the PPDA’s call for action.

Despite assurances from the Pakistan State Oil (PSO) on Thursday that fuel supply would remain uninterrupted, the reality on the ground paints a different picture. Residents of Karachi are struggling to find operational petrol pumps, with many stations running dry.

The Oil Tanker Owners Association has distanced itself from the strike, with its President Shams Shahwani confirming that fuel delivery continues to essential services such as power plants, airports, and railways.

This development comes amid ongoing negotiations between the government and the All Pakistan Petroleum Dealers Association. Despite attempts at dialogue, reports suggest that an impasse persists, with the dealers’ demands remaining unmet.

The PSO maintains that its supply chain is fully operational and has reiterated its commitment to serving the public.

However, the effectiveness of these measures remains questionable as the fuel crisis deepens in Pakistan’s largest city.

(Inputs from ANI)

RELATED ARTICLES

35 mins ago | Petroleum and Natural Gas Ministry

Centre defends E20 rollout, issues fresh clarification amid misinformation

The Petroleum and Natural Gas Ministry on Friday issued a fresh clarification defending the Ethanol Blended Petrol (EBP) Programme, saying the transition to E20 fuel has been gradual, scientifically validated and backed by automobile manufacturers, w...

3 hours ago | Nifty

Sensex jumps over 700 points, Nifty reclaims 24,000 on positive global cues

Indian equity markets opened on a positive note on Friday, with the Sensex surging more than 700 points and the Nifty trading above the 24,000 mark after Thursday's range-bound session. Strong earnings from heavyweight companies, positive global cues...

6 hours ago | Asian stocks

Asian stocks surge as investors look past Middle East attacks

Asian stocks rose sharply on Friday, led by chip and AI firms as investors brushed off concern over the stalled recovery of energy supplies through the critical Strait of Hormuz, with tit-for-tat attacks escalating between the U.S. and Iran. The ren...