Petrol pump owners in the national capital have withdrawn their 24-hour strike, which was to begin midnight to demand a rollback of increase in VAT for diesel, after the government "assured" them that it would look into the issue.

Delhi Petrol Dealers' Association president Atul Peshawaria said the strike, which was to begin at midnight, was withdrawn late Thursday night after a discussion with chief minister Sheila Dikshit.