The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if flows resume, Saudi Aramco s CEO #8288;said on Sunday, as shipping disruptions choke traffic through the Strait of Hormuz. MORE..
10 May 2026 (8:42 PM)
Israeli Prime Minister Benjamin Netanyahu hopes to wean Israel off U.S. military support within a decade as his country pushes to strengthen ties with Gulf states, he said in an interview that aired on Sunday. MORE..
11 May 2026 (9:20 AM)
Indian Prime Minister Narendra Modi on Sunday said that the need of the hour is to use petro products with restraint in the wake of the West Asia crisis. MORE..
10 May 2026 (9:41 PM)
The final rites of former SriLankan Airlines Chief Executive Officer Kapila Chandrasena were conducted this evening (10) at the Borella General Cemetery. MORE..
10 May 2026 (6:48 PM)
Iran has sent its response to the latest US proposal for ending the conflict that began at the end of February, according to state media. MORE..
10 May 2026 (7:34 PM)
Oil prices jumped $3 a barrel on Monday as the United States and Iran failed to agree to a peace proposal drafted by Washington while the Strait of Hormuz remained largely closed, keeping global energy supplies tight. MORE..
11 May 2026 (7:50 AM)