KATHMANDU: The recent Iran conflict has already impacted the global automotive industry, even as tensions begin to ease. Analysts say even a quick end to the war will not prevent a significant sales shortfall in 2027. Shipping through the Strait…

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…

KATHMANDU: Used electric vehicle demand is rising across the region as fuel prices increase following the Iran war 2026, according to Reuters. Petrol prices in the European Union have jumped around 12% to 2.12 USD per liter between late February…

KATHMANDU: The ongoing conflict involving Iran is beginning to affect the global automotive industry, with rising oil prices, disrupted shipping routes, and production adjustments already being reported. Industry analysts say the situation is evolving from a geopolitical issue into a…