Global oil prices tumble, but Nepal unlikely to see major fuel price cuts soon

Falling crude prices ease inflation and import costs, but supply constraints and LPG shortages mean consumers may see only modest relief, with half-filled cooking gas cylinders set to continue.

International crude oil prices have fallen to their lowest levels since before the Iran conflict started in February-end, offering Nepal a significant economic cushion by easing inflationary pressures, reducing the country's import bill and improving the government's fiscal outlook.