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Nepal Fuel Price Hike: Petrol, Diesel Prices Soar as NOC Makes Key Decision
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Nepal Fuel Prices Soar: Petrol, Diesel Hiked for Second Time This Month
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News18
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26-03-2026, 09:08
Nepal Fuel Prices Soar: Petrol, Diesel Hiked for Second Time This Month
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Nepal Oil Corporation (NOC) increased petrol, diesel, and kerosene prices by Rs. 15 per liter, effective March 25.
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The hike is attributed to soaring crude oil prices in the international market and geopolitical tensions in the Middle East.
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NOC estimates a loss of Rs. 5 billion between March 16-31, potentially reaching Rs. 15 billion in the next 15 days if trends continue.
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Petrol prices vary across Nepal: Rs. 184.50 in border towns, Rs. 186 in Surkhet/Dang, and Rs. 187 in Kathmandu/Pokhara.
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India supplies 100% of Nepal's oil needs via Indian Oil Corporation (IOC), with oil accounting for 28% of India's exports to Nepal.
Read Full Article on News18 in Telugu
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