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Oil prices rose about 5% on Monday after Iran s Fars news agency reported an incident with a U.S. warship in the Strait of Hormuz, sparking concerns over a prolonged disruption in the vital oil transit route. MORE..

4 May 2026 (6:20 PM)

Indian Prime Minister Narendra Modi s party was on course to win two of four crucial state elections on Monday (May 4), expanding its influence and weakening its key rival half-way into his third term in office. MORE..

4 May 2026 (4:57 PM)

The Deputy Minister of Economic Development, Nishantha Jayaweera has clarified reports surrounding the gazette notification issued to revise Value Added Tax (VAT) with effect from July 1. MORE..

4 May 2026 (3:50 PM)

Pakistan said on Monday (May 4) it had facilitated the transfer of 22 Iranian crew members from a US-seized vessel, describing the move as a �confidence-building measure� amid fragile diplomatic contacts between Washington and Tehran. MORE..

4 May 2026 (4:03 PM)

The Free Lawyers Organization has called for an investigation into remarks made by President Anura Kumara Dissanayake concerning judicial decisions during a May Day rally. MORE..

4 May 2026 (3:13 PM)

Sri Lanka is expected to face developing El Ni�o conditions during the upcoming southwest monsoon season, according to the Department of Meteorology. MORE..

4 May 2026 (4:11 PM)