News

Oil slumps and stocks gain after Trump reveals ceasefire deal

KATHMANDU: Global oil prices dropped sharply after U.S. President Donald Trump announced a conditional two-week ceasefire agreement with Iran. The deal includes the reopening of the strategically important Strait of Hormuz, easing fears of supply disruptions and calming energy markets…
News

US greenlights E15 fuel to tackle soaring gas prices

KATHMANDU; The US Environmental Protection Agency (EPA) has approved the temporary nationwide sale of E15 fuel. The move aims to ease rising fuel prices and increase supply. The waiver allows E15 sales from May 1 to May 20, 2026. Officials…
News

Trump scraps US federal vehicle emission standards

KATHMANDU: US President Donald Trump has removed federal vehicle emission standards, easing rules on how much pollution cars and trucks are allowed to produce. According to Reuters, the decision includes scrapping the earlier “endangerment finding,” which said greenhouse gas emissions…