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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)

Iran sent a new peace proposal to the United States with terms that appeared similar to offers Washington has previously rejected, although a senior Iranian official told Reuters on Monday (May 18) that the US had softened its position on some issues. MORE..

18 May 2026 (11:55 PM)

The Ministry of Transport, Highways and Urban Development has announced that 104 new metro buses are scheduled to be imported in August to improve the efficiency of the country s public transportation system. MORE..

18 May 2026 (7:38 PM)

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 Nations demanded on Monday (May 18) that Israel take measures to prevent acts of �genocide� in Gaza, and decried indications of �ethnic cleansing� in the Palestinian territory and in the occupied West Bank. MORE..

18 May 2026 (9:59 PM)

Legal action will be taken against a group, including the leader of the National Freedom Front (NFF), former Member of Parliament Wimal Weerawansa over allegations of obstructing rehearsal activities held today (18) ahead of the National War Heroes Day Commemoration Day, police stated. MORE..

18 May 2026 (7:21 PM)