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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)

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)

Iran s military warned U.S. forces on Monday not to enter the Strait of Hormuz after President Donald Trump said the United States would start helping to free ships stranded in the Gulf by the U.S.-Israeli war on Iran. MORE..

4 May 2026 (2:22 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)

Iran has said it stopped a US warship from entering the Strait of Hormuz. MORE..

4 May 2026 (5:20 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)