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Oil prices hit two-week lows on Monday on optimism that the U.S. and Iran were moving closer towards a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz that continued to restrict oil supply #8288;from the Middle East. MORE..

25 May 2026 (10:48 AM)

A US agreement with Iran is not expected to be signed today, a senior administration official tells CNN. According to the official, details of the agreement are still being negotiated. MORE..

25 May 2026 (12:15 AM)

The Governing Board of the Central Bank of Sri Lanka (CBSL) has tightened the maximum Loan-to-Value (LTV) ratios applicable to credit facilities granted for motor vehicles while also introducing a maximum LTV ratio for credit facilities secured by gold with effect from tomorrow (25). MORE..

24 May 2026 (11:07 PM)