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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)

President Donald Trump on Sunday rejected Iran s response to a U.S. proposal for peace talks, dashing hopes for an imminent end to the 10-week-old conflict that has caused widespread damage in Iran and Lebanon, paralyzed maritime traffic in the Strait of Hormuz and driven up global energy prices. MORE..

11 May 2026 (7:43 AM)

India and Sri Lanka have agreed to expedite implementation of the post-Ditwah reconstruction package of USD 450 million that New Delhi offered after one of the worst natural disasters hit the country last year. MORE..

10 May 2026 (8:21 PM)