Petrol Pump Owners Split Over Strike; Fuel Supply & Inflation Concerns Rise in Pakistan

Petrol Pump Owners Split Over Strike; Fuel Supply & Inflation Concerns Rise in Pakistan

The All Pakistan Petroleum Pump Owners Association (APPPOA) is split, with one faction deferring a strike after government assurances on reviewing daily fuel pricing and increasing dealer margins. However, another group insists on an indefinite strike, demanding an increase in commission from Rs8.64 to Rs25 per litre. The government has promised a two-week trial for daily pricing and a "reasonable increase" in margins, rejecting the threefold demand as unreasonable. This dispute threatens to disrupt the supply chain, exacerbate inflation, and add pressure on Pakistan's economy, potentially impacting USD/PKR and local gold rates.

بحوالہ / Source: www.dawn.com