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Oil prices gained more than 3% on Friday, after comments by U.S. President Donald Trump and Iran s foreign minister further dented hopes of a deal to end ship attacks and seizures around the Strait of Hormuz. MORE..

16 May 2026 (8:59 AM)

Prime Minister Dr. Harini Amarasuriya has stated that the government has managed the energy crisis in a way that does not cause hardship to the public, unlike in some other countries, by bearing the associated costs without placing a burden on the people and by implementing a sustainable management process. MORE..

15 May 2026 (8:37 PM)

India and the United Arab Emirates agreed the framework for a strategic defence partnership on Friday, the Indian foreign ministry said, as they seek to deepen ties amid the Iran war. MORE..

15 May 2026 (10:48 PM)

U.S. President Donald Trump said his patience with Iran was running out and that Chinese President Xi Jinping had agreed during their talks in Beijing that Tehran must reopen the Strait of Hormuz. MORE..

15 May 2026 (7:44 PM)

The leader of Sarvajana Balaya , Member of Parliament (MP) Dilith Jayaweera, states that the Sri Lankan Rupee is currently depreciating even faster than during the country s worst economic collapse. MORE..

15 May 2026 (11:18 PM)

Israel and Lebanon agreed to a 45-day extension of a ceasefire that has tamped down the conflict between Israel and Iran-backed Hezbollah in southern Lebanon, as two days of talks facilitated by Washington concluded on Friday with an agreement to hold further meetings in the coming weeks. MORE..

16 May 2026 (8:33 AM)