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The Cabinet of Ministers has granted approval to publish in the Government Gazette the draft bill seeking to repeal the Chief of Defence Staff Act No. 35 of 2009. MORE..

4 Mar 2026 (5:34 PM)

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)

A rescue mission has been launched by the Sri Lanka Navy after a distress call was received from an Iranian ship approximately 40 nautical miles off the Galle Harbour. MORE..

4 Mar 2026 (12:10 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)

Oil prices rose 1% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump raised the possibility of the U.S. Navy escorting vessels through the Strait of Hormuz. MORE..

4 Mar 2026 (12:09 PM)

Israel s defense minister on Wednesday threatened whoever Iran picks to be the country s next supreme leader, saying he will be "a target for elimination." MORE..

4 Mar 2026 (1:59 PM)