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Nepal: Fuel strike shuts down Nepalese capital Thu. June 26, 2008 08:10 am.- By Bonny Apunyu. - (SomaliNet) A general strike to protest an increase in fuel prices shut down the Nepalese capital on Thursday, with schools, businesses and markets closed and streets empty of vehicles. Sources say Nepalese government workers had to walk to their offices. Four small political parties called the strike to demand the government immediately withdraw fuel price increases, which went into effect June 10. Party supporters set up road blocks in several points in Katmandu and vandalized some buses that defied their strike call. Nepal Oil Corp., a state-owned company with a monopoly on importing and distributing oil, said the price rise was necessary to reduce its losses and increase supplies. The pump price of gasoline has jumped 25 per cent to 100 rupees per litre (US$5.70 per gallon), while diesel shot up 25 per cent to 70 rupees a litre (US$3.80 a gallon). Nepal imports all its oil products from neighbouring India. Nepal Oil in recent weeks has struggled to pay Indian Oil Corp. because of its financial troubles, and fuel imports have dropped off as a result.-AP News Category: World Latest Headlines Latest News Pakistan: Suicide bomber killed trying to ram vehicle... Iran ready to share nuclear technology with Nigeria Sri Lanka: 34 killed in fighting, prison blast wounds... Russia: Blats kill two Russian soldiers in Chechnya<... DRC: 4 dead, several wounded as rebels, gov’t troops... Nigeria: Militants say know whereabouts of kidnappe... Somalia: President Yusuf urges MPs to work togethe... Somalia: Two civilians killed as Islamist rebels at... Somalia: Somali pirates release Filipino crew held ... India: Army evacuates over 120,000 amidst flood scare... More News...