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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)

Iran s Islamic Revolutionary Guard Corps say they control the Strait of Hormuz, a vital shipping route for oil and gas, and any vessels seeking to pass through the waterway risk damage from missiles or stray drones. MORE..

4 Mar 2026 (12:43 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)

Gold prices in Sri Lanka have recorded a sharp decline of Rs. 13,000, driven by a downward trend in the global gold market, according to latest market data. MORE..

4 Mar 2026 (12:34 PM)

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)

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)