Pakistan, Aug. 11 -- Petroleum dealers have announced an indefinite nationwide shutdown of petrol pumps from August 15 after issuing the government a 72-hour ultimatum.

The Pakistan Petroleum Dealers Association announced the decision on Tuesday following a meeting of dealers from across the country. The move could affect fuel availability nationwide.

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Association Chairman Malik Khuda Baksh said dealers would stop operating pumps if their demands remained unresolved. He said the association represents around 14,000 dealers.

The dealers are demanding an 8% margin on petrol and have expressed concerns over the current fuel pricing mechanism. They said their patience had run o...