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The Hambantota International Port (HIP) has significantly expanded its operational capacity in response to a sharp surge in global shipping volumes triggered by the ongoing crisis in the Middle East, reinforcing its position as a key alternative hub along the East�West shipping corridor. MORE..

6 Apr 2026 (11:14 PM)

Israel struck Iran s largest petrochemical complex on Monday (Apr 6), as the Islamic Republic defied threats from US President Donald Trump to devastate civilian infrastructure if it does not reopen the Strait of Hormuz. MORE..

6 Apr 2026 (9:43 PM)

US President Donald Trump has threatened to take out Iran in one night if it fails to make a deal before the deadline he set for Tehran to reopen the Strait of Hormuz, a critical global energy route. MORE..

7 Apr 2026 (8:12 AM)

LOCA

6 Apr 2026 (11:48 PM)

The US and Iran on Monday weighed a framework plan to end their five #8209;week-old conflict, as Tehran #8288;said it wanted a lasting end to the war and pushed back against pressure to swiftly reopen the Strait of Hormuz under a temporary ceasefire. MORE..

6 Apr 2026 (10:34 PM)

The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday, ahead of a forecast for the world economy planned by the global lender for next week. MORE..

7 Apr 2026 (7:31 AM)