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The government has decided to remove the CESS levy on goods and material imported under 2,600 identified HS codes over a four-year period. MORE..

4 Mar 2026 (4:07 PM)

Iran will hold a three-day "farewell ceremony" for its late leader Ayatollah Ali Khamenei starting at 10 p.m. Wednesday (1830 GMT) at Tehran s Imam Khomeini prayer ground, according to state media. MORE..

4 Mar 2026 (2:01 PM)

The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf. MORE..

4 Mar 2026 (12:28 PM)

The Sri Lanka Navy says 35 individuals have been rescued from an Iranian vessel in distressed off Sri Lanka s southern seas. MORE..

4 Mar 2026 (12:49 PM)

At least 101 people were reported missing and 78 wounded after a submarine attack on an Iranian vessel off Sri Lanka s coast, sources in Sri Lanka s navy and Defense Ministry told Reuters on Wednesday. MORE..

4 Mar 2026 (4:55 PM)

Oil prices rose 1% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump raised the possibility of the U.S. Navy escorting vessels through the Strait of Hormuz. MORE..

4 Mar 2026 (12:09 PM)