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Oil prices jumped $3 a barrel on Monday as the United States and Iran failed to agree to a peace proposal drafted by Washington while the Strait of Hormuz remained largely closed, keeping global energy supplies tight. MORE..

11 May 2026 (7:50 AM)

Sri Lanka s official reserve assets decreased to USD 6,759 million in April 2026 from USD 7,026 million recorded in March 2026. MORE..

10 May 2026 (9:13 PM)

According to the latest weather analysis based on last morning (10), the low-level atmospheric disturbance in the vicinity of Sri Lanka is likely to develop into a low-pressure area around the next 48 hours, the Department of Meteorology said. MORE..

11 May 2026 (7:35 AM)

Indian Prime Minister Narendra Modi on Sunday said that the need of the hour is to use petro products with restraint in the wake of the West Asia crisis. MORE..

10 May 2026 (9:41 PM)

Iran has sent its response to the latest US proposal for ending the conflict that began at the end of February, according to state media. MORE..

10 May 2026 (7:34 PM)

The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if flows resume, Saudi Aramco s CEO #8288;said on Sunday, as shipping disruptions choke traffic through the Strait of Hormuz. MORE..

10 May 2026 (8:42 PM)