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The Russia-Ukraine war, which is going on for over a month now, has resulted in a major spike in global oil prices as Russian oil in under sanction. Other major oil producers Iran and Venezuela are also facing sanctions in selling petroleum ....
Amid rising inflation, Nepal Oil Corporation (NOC) on Thursday said the price of petrol is likely to shoot up to 155 rupees per litre within the next two months. The price of petrol in Nepal is already at the highest-ever level of 142 rupees a litre. ....