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Oil prices hit two-week lows on Monday on optimism that the U.S. and Iran were moving closer towards a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz that continued to restrict oil supply #8288;from the Middle East. MORE..

25 May 2026 (10:48 AM)

The United States will either have a good agreement with Iran or deal with the country another way, Secretary of State Marco Rubio said on Monday, as Washington played down hopes for an imminent breakthrough in the three-month-old war. MORE..

25 May 2026 (1:24 PM)

The Governing Board of the Central Bank of Sri Lanka (CBSL) has tightened the maximum Loan-to-Value (LTV) ratios applicable to credit facilities granted for motor vehicles while also introducing a maximum LTV ratio for credit facilities secured by gold with effect from tomorrow (25). MORE..

24 May 2026 (11:07 PM)

A liquefied natural gas tanker was exiting the Strait of Hormuz and heading to Pakistan on Monday while a supertanker with Iraqi crude for China left the Middle East Gulf on Saturday after being stranded for nearly three months, shipping data showed. MORE..

25 May 2026 (8:25 AM)

The Colombo Crime Division (CCD) has recovered a T-56 assault rifle buried beneath a tree inside the Somawathiya National Reserve. MORE..

24 May 2026 (10:24 PM)

It has been reported that a convict sentenced to death and imprisoned in connection with the abduction, gang rape, and murder of 18-year-old schoolgirl Sivaloganathan Vidya in the Jaffna District in 2015 has died by suicide. MORE..

25 May 2026 (11:50 AM)