International News
After the opening of the Hormuz waterway, crude oil prices fell
Kathmandu. Crude oil prices have fallen in the international market after Iran announced that it would open the Hormuz Strait to commercial ships. Iran has said that the waterway has been opened throughout the ongoing cease-fire between the US-Israel and Iran. After this announcement, the price of crude oil fell to 88 dollars per barrel. Earlier it had reached above 98 dollars.
Oil and liquefied natural gas are transported around the world through the narrow Strait of Hormuz, south of Iran. Before the US and Israel launched a joint attack on Iran, the price of crude oil was below $70 per barrel. Almost three months ago, the war began on February 22, and in March the price reached above $119.
Foreign Minister Seyed Abbas Aragchi said on social network X that the passage is open for all commercial ships traveling through the Strait of Hormuz during the ceasefire period between the US and Iran.
Pakistan Prime Minister Saudi Arabia and Army Chief visit Iran: Efforts for peac...
Kathmandu. Pakistan's Prime Minister Shehbaz Sharif has reached Saudi Arabia and Army Chief Asim Munir has reached Iran. International media report...
Nepali youth Amrit Jha, who is under the control of the Iranian army, has been r...
Kathmandu. Amrit Jha, a Nepali youth who was under the control of the Iranian army, was released on Wednesday. According to the Ministry of Foreign...
Pakistan active in US-Iran peace talks
Islamism. Pakistan has started playing the role of a decisive mediator between the US and Iran to defuse the growing military tension and prevent a...
Samrat Chaudhary became the 24th Chief Minister of Bihar
Patna. Samrat Chaudhary has become the 24th Chief Minister of Bihar state of India. Chaudhary took oath as the 24th Chief Minister of Bihar on Wedn...
IMF warns that economic growth may fall below 2 percent if Iran war prolongs
Kathmandu. The International Monetary Fund (IMF) has warned that if the Iran war continues for a long time and energy prices continue to rise, the...
250 missing in Indian Ocean boat accident
Kathmandu. About 250 people have gone missing when a boat on its way from Bangladesh to Malaysia crashed in the Andaman Sea on the eastern coast of...