Fuel stations in Karachi closed sans strike, shortage

KARACHI (HRNW) Several fuel stations in Karachi remained closed on Tuesday morning despite no call of a strike or shortage of petroleum products in the country.

Oil marketing companies and petroleum dealers have allegedly created a man-made fuel crisis as the incumbent coalition government increased petrol prices by Rs6.72 per litre with effect from yesterday (Monday) midnight.

Finance Minister Miftah Ismail on August 5 said that the country had enough petrol reserves to meet 20 to 25-day demand and a diesel stock to last 30 days.

However, many petrol pumps remained closed since Monday evening as the government increased petrol price against the proposal of a drop.