The rules governing global shipping are breaking down, according to 18 of the world’s leading maritime nations, which have warned that wars and the rapid expansion of a shadow fleet operating beyond
Hoteliers from Bengaluru, Mumbai, Delhi-NCR, Hyderabad, Kerala, West Bengal, Rajasthan, Gujarat, and Odisha have reported severe shortages of commercial LPG cylinders, which are essential for daily kitchen operations. Associations such as the
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Pakistan’s government is preparing to introduce fuel-saving and austerity measures after global oil prices surged above $100 per barrel and gas supply disruptions in the Middle East triggered panic buying in the
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Sri Lanka’s tea export sector is losing between US$10 million and US$15 million each week due to the ongoing military situation in the Middle East involving Iran, according to the Tea Exporters
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Sri Lanka has announced a nationwide increase in fuel prices, with the revision coming into effect from midnight on March 9. The adjustment was confirmed by the Ceylon Petroleum Corporation (Ceypetco), the
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The Public Utilities Commission of Sri Lanka has issued a detailed report warning that the country could face significant disruptions to electricity generation in April, June, and July 2026 due to the
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Speaking at the outset of his address to Parliament yesterday, President Anura Kumara Dissanayake of Sri Lanka laid out in stark terms what he described as the country’s most pressing structural weakness
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In the latest escalation of the crisis in the Middle East, Iran has closed the Strait of Hormuz. According to Science Direct, Sri Lanka imports nearly all of its oil and gas,
More Sri Lanka’s vital tea export industry has been thrown into uncertainty as escalating military tensions in the Middle East disrupt key shipping lanes across the Mediterranean and Gulf seas. The government warns
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India’s lucrative basmati rice exports, valued at nearly $6 billion for FY25, are facing an unprecedented threat as escalating tensions in West Asia disrupt shipping and raise logistics costs. Exporters are meeting
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India’s fertilizer subsidy bill is poised to climb in the current and upcoming fiscal years as tensions in the Gulf region threaten to drive up natural gas prices and freight costs, industry
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