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Fuel shock: petrol up Rs 15, diesel and kerosene rise Rs 10

KATHMANDU: Nepal Oil Corporation has significantly increased the prices of petroleum products. The corporation stated that the price hike was necessary due to rising crude oil prices in the international market and the growing outstanding payments owed to the Indian…
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Strait of Hormuz crisis could spike global fuel prices

KATHMANDU: Tensions in the Gulf region have raised fears about a possible shutdown of the Strait of Hormuz by Iran. This comes after recent military actions by the United States, and experts warn that such a move could disrupt global…