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The Hambantota International Port (HIP) has significantly expanded its operational capacity in response to a sharp surge in global shipping volumes triggered by the ongoing crisis in the Middle East, reinforcing its position as a key alternative hub along the East�West shipping corridor. MORE..

6 Apr 2026 (11:14 PM)

The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday, ahead of a forecast for the world economy planned by the global lender for next week. MORE..

7 Apr 2026 (7:31 AM)

US President Donald Trump has threatened to take out Iran in one night if it fails to make a deal before the deadline he set for Tehran to reopen the Strait of Hormuz, a critical global energy route. MORE..

7 Apr 2026 (8:12 AM)

Global stocks wavered on Tuesday, while oil prices were perched near $110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines. MORE..

7 Apr 2026 (10:42 AM)

The King Fahd Causeway, a key bridge linking Saudi Arabia to the island kingdom of Bahrain, closed early Tuesday over threats from Iranian attacks. MORE..

7 Apr 2026 (12:16 PM)

US President Donald Trump said on Monday the Tuesday deadline he has set for Iran to make a deal is final, adding that Iran s #8288;proposal was significant but not good enough. MORE..

6 Apr 2026 (10:47 PM)