Petroleum Dealers and the government have failed to resolve their dispute over a proposed strike, leaving negotiations at a deadlock. A delegation from the Pakistan Petroleum Dealers Association (PPDA) held talks with the Petroleum Ministry for five hours on Wednesday. However, the two sides could not agree on measures to prevent the strike. The dealers want the government to withdraw its decision to set petroleum product prices on a daily basis. They argue that the policy could create uncertainty for fuel retailers. The petroleum minister also expressed displeasure over the dealers’ 72-hour ultimatum, according to sources familiar with the talks. The government has offered to increase the dealers’ margin by Rs1.34 per litre. However, the federal cabinet must approve the proposed increase before it can take effect. The offer failed to break the deadlock. As a result, the dealers have decided to return to Karachi and hold an emergency meeting of the PPDA Executive Committee. Monsoon Rains: Pakistan faces heavy rain, flash floods and landslide risks The association has maintained that its members remain committed to starting a strike on Saturday morning unless the government addresses their demands. The dispute could affect fuel supplies across the country if dealers proceed with the planned shutdown. Post navigation Dollar Greenback edges higher as markets await US inflation data
