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Oil prices surged about 20% in early trade on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran fuelled fears ​of tighter supply and prolonged disruptions to shipments through the Strait ​of Hormuz, Reuters reported. 

Iran on Monday named Mojtaba Khamenei to succeed his father ⁠Ali Khamenei as Supreme Leader, signalling that hardliners remain firmly in charge ​in Tehran a week into its conflict with the United States and ​Israel.

Brent crude futures rose as much as $18.35, or 19.8%, to $111.04 a barrel and were up $14.38, or 15.5%, at $107.07 as of 2314 GMT, according to Reuters. 

Rastriya Swatantra Party (RSP) candidates have emerged victorious in 21 out of 26 electoral constituencies of the Lumbini Province having 12 districts. 

According to the Election Commission, Nepali Congress and Nepali Communist Party have won the election in two constituencies each while CPN-UML secured its victory in one constituency. 

Rastriya Swatantra Party candidates have been elected in all five constituencies of Rupandehi district. 

Sunil Lamsal emerged victorious in Rupandehi-1, Sulabh Kharel in Rupandehi-2, Dr. Lekhjang Thapa in Rupandehi-3, Kanhaiya Baniya in Rupandehi-4, and Taufik Ahmed Khan in Rupandehi-5. 

Similarly, Bikram Khanal of the same party won in West Nawalparasi-1 and Narendra Kumar Gupta in West Nawalparasi-2, the Election Commission informed. 

Mohan Lal Acharya from the RSP won in Kapilvastu-1, while Bikram Singh Thapa secured his place in Kapilvastu–2. Likewise, Abhishek Pratap Shah from Nepali Congress won in Kapilvastu-3. 

RSP candidates, Dev Raj Pathak, Bipin Kumar Acharya, and Kamal Subedi emerged victorious in Dang constituencies 1, 2 and 3. 

Similarly, Sagar Dhakal and Govinda Panthi of the RSP also emerged winners from Gulmi 1 and 2. 

In Bardiya–1, RSP's Thakur Singh Tharu and in Bardiya–2, Shridhar Pokhrel of the same party were elected, according to the Election Commission. 

RSP candidates Suresh Kumar Chaudhary and Khagendra Sunar won in Banke-1 and 3 while Mohammad Ishtiyak Rai of the CPN-UML emerged victorious in Banke-2. 

Nepali Communist Party coordinator Pushpa Kamal Dahal won the election from Rukum West while Barshaman Pun got re-elected from Rolpa. 

RSP candidate Sushant Baidik won the election from Pyuthan. 

Sandeep Rana of the Nepali Congress won the first-past-the-post election from Palpa 1 while RSP candidate Madhav Bahadur Thapa has been elected from Palpa 2, according to the Office of the Chief Returning Officer, Palpa. 

Hari Prasad Bhusal of Rastriya Swatantra Party has won in Arghakhanchi. 

A total of 7,575,193 votes have been counted so far in the Proportional Representation System of the House of Representatives member election. 

As of 5:50 am today, Rastriya Swatantra Party has received the highest number of votes with 3,672,265. Similarly, Nepali Congress received 1,238,381 votes, CPN-UML 1,047,512 votes, Nepali Communist Party 538,270 votes, Rastriya Prajatantra Party 258,666 votes, and Shram Sanskriti Party 240,763 votes. 

Vote counting is underway. 

India became the first team to retain the men's Twenty20 ​World Cup title after handing out a 96-run demolition of New Zealand in the final at the Narendra Modi Stadium ‌on Sunday, Reuters reported. 

India also became the first team to lift the title three times, while New Zealand's wait for a maiden white-ball World Cup continues.

The victory will taste particularly sweet for India since it came at a venue where they were beaten by Australia in the final of the 50-overs World Cup three years ago, according to Reuters.