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Nepal raised fuel prices due to global oil cost increases from West Asia tensions.
Nepal has raised petrol prices by 15 rupees per litre and diesel and kerosene by 10 rupees per litre, citing rising international oil prices fueled by escalating geopolitical tensions in West Asia.
The increase, effective Sunday morning, reflects global market volatility and supply concerns in a key crude oil region.
As an import-dependent nation relying on a long-term agreement with India, Nepal regularly aligns domestic fuel prices with global trends.
Economists warn the hike could worsen inflation and increase transportation costs, adding pressure to household budgets already strained by rising essential goods prices.
Nepal elevó los precios de los combustibles debido al aumento del costo mundial del petróleo por las tensiones en Asia Occidental.