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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)

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)

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)

Sri Lanka s former Justice Minister Ali Sabry has expressed concern over rising tensions in the Middle East, urging restraint and dialogue amid escalating regional instability. MORE..

4 Mar 2026 (4:20 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)

SriLankan Airlines informs passengers that it is resuming limited operations to the Middle East. MORE..

4 Mar 2026 (1:10 PM)