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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)

A writ petition has been filed before the Court of Appeal seeking an order directing the Commissioner General of Excise and others not to grant approval for the use of rice and sugar as primary raw materials in beer production. MORE..

18 May 2026 (7:15 PM)

The National Disaster Relief Services Centre (NDRSC), operating under the Ministry of Defence, officially launched a new digital compensation management system and community feedback mechanism aimed at supporting communities affected by Cyclone Ditwah. MORE..

18 May 2026 (11:00 PM)

U.S. President Donald Trump said on Monday he had paused a planned attack against Iran to allow for negotiations to take place on a deal to end the U.S.-Israeli war, after Iran sent a new peace proposal to Washington. MORE..

19 May 2026 (7:49 AM)

The US government said on Monday India s Adani Enterprises agreed to pay $275 million to settle alleged sanctions violations involving Iran, as the Trump administration moved to resolve several cases involving Indian billionaire Gautam Adani. MORE..

18 May 2026 (10:31 PM)

The United States has agreed to suspend sanctions on Iranian oil exports during ongoing negotiations with Iran, the semi-official Tasnim news agency reported on Monday, citing a source familiar with the talks.

18 May 2026 (8:23 PM)