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Oil prices eased on Monday after U.S. President Donald Trump said the United States would begin an effort to free up ships stranded in the Strait of Hormuz, however the lack of a U.S.-Iran peace deal kept prices supported above $100. MORE..

4 May 2026 (9:14 AM)

President Donald Trump said on Sunday (May 3) that the United States was conducting �very positive discussions� with Iran, as he outlined a plan for US forces to escort ships through the blocked Strait of Hormuz beginning Monday. MORE..

4 May 2026 (7:59 AM)

The official state reception ceremony for Maldivian President Mohamed Muizzu, who arrived in Sri Lanka, yesterday (04), on a three-day official visit, is scheduled to take place today (04). MORE..

4 May 2026 (9:08 AM)

Seven Memoranda of Understanding (MoUs) have been signed between Sri Lanka and the Maldives during the state visit of Maldivian President Mohamed Muizzu, reflecting a shared commitment to strengthening bilateral cooperation across multiple sectors. MORE..

4 May 2026 (1:41 PM)

Opposition Leader Sajith Premadasa has criticized the government s upcoming Value Added Tax (VAT) changes, saying that from July 1 Sri Lanka will widen the VAT net, raise rates, and tighten enforcement simultaneously. MORE..

4 May 2026 (12:58 PM)

The United States will launch an effort on Monday (May 4, 2026) to �guide� stranded ships from the Iran-gripped Strait of Hormuz, President Donald Trump said, giving few details about what could be a sweeping effort to help hundreds of vessels and some 20,000 seafarers. MORE..

4 May 2026 (7:39 AM)