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Nepal students block roads to protest fuel hike

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Thu, 19 Jan 2012 10:29p.m.

Student shout slogans during their protest against the Nepal Oil Corporation decision to raise prices on the major petroleum products in Kathmandu (Reuters)

Student shout slogans during their protest against the Nepal Oil Corporation decision to raise prices on the major petroleum products in Kathmandu (Reuters)

Students in Nepal are burning tires to block traffic on key roads in the capital and in an eastern town to protest a government decision to boost the prices of gasoline, diesel and cooking fuel.

Police say there have been no reports of violence in the protests in Kathmandu and in the eastern town of Itahari.

The government decided today to increase prices of various fuels by an average of 10 percent.

State-run Nepal Oil Corporation imports all oil products from India and says it had to increase the price because the cost of its supplies had increased and because it was facing losses.

AP

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