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Commercial oil stocks are falling �very fast� as Gulf supplies remain disrupted by the Middle East war, even with the release of strategic reserves by governments worldwide, the head of the International Energy Agency (IAE) said on Monday (May 18). MORE..

18 May 2026 (6:41 PM)

Iran sent a new peace proposal to the United States with terms that appeared similar to offers Washington has previously rejected, although a senior Iranian official told Reuters on Monday (May 18) that the US had softened its position on some issues. MORE..

18 May 2026 (11:55 PM)

The Ministry of Transport, Highways and Urban Development has announced that 104 new metro buses are scheduled to be imported in August to improve the efficiency of the country s public transportation system. MORE..

18 May 2026 (7:38 PM)

The Malwana property, which has recently been the subject of public discussion, will be transferred to the University Grants Commission (UGC), Prime Minister Dr. Harini Amarasuriya has announced. MORE..

18 May 2026 (6:21 PM)

Although Sri Lanka had initially expected an economic growth rate of around 5% for 2026, recent changes in global economic conditions after March have made it difficult to provide an accurate forecast, the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has said. MORE..

18 May 2026 (5:50 PM)

Legal action will be taken against a group, including the leader of the National Freedom Front (NFF), former Member of Parliament Wimal Weerawansa over allegations of obstructing rehearsal activities held today (18) ahead of the National War Heroes Day Commemoration Day, police stated. MORE..

18 May 2026 (7:21 PM)