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
Global oil markets were jolted into volatility on March 2 after a series of coordinated disruptions struck at the heart of the Persian Gulf’s energy system, raising fears that a regional confrontation
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Businessmen operating fuel stations under the Ceylon Petroleum Corporation (CPC) are reporting severe financial distress following the corporation’s decision to cut the 3 percent commission that has been paid to station operators
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Addressing social media activists at his political office in Colombo, former President Ranil Wickremesinghe clarified that Sri Lanka will not face a fuel crisis despite not receiving oil from Iran. He emphasized
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Sri Lanka has stepped up efforts to reassure international investors following its debt restructuring, with the Finance, Planning and Economic Development Ministry holding a formal briefing aimed at strengthening transparency and engagement
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In a speech marking Eid Mab’ath, Iran’s Supreme Leader Ayatollah Ali Khamenei accused the United States of orchestrating the recent unrest and warned that Washington would be held accountable, even as he
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by Our foreign Affairs Editor Dr. Alireza Delkhosh is the Ambassador of the Islamic Republic of Iran to Sri Lanka, with concurrent accreditation to the Maldives. He has served in Iran’s Ministry
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In a pivotal moment for Pakistan’s economic trajectory, the government has launched the Prime Minister’s Economic Governance Reforms, marking a shift from macroeconomic stabilization to a growth-oriented, reform-driven framework. The reform agenda,
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December traditionally marks Sri Lanka’s peak tourism season, driven largely by holiday travel from Europe and other regions that observe long Christmas and New Year vacations. Airlines and Sri Lanka–bound flights are
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Cryptocurrency prices fell sharply on Monday, with Bitcoin sliding as much as 6% and Ether dropping more than 7%, adding momentum to a selloff that has gripped digital assets for weeks. According
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The head of the World Economic Forum (WEF) has warned that the global economy may be on the brink of three simultaneous financial bubbles — in artificial intelligence, cryptocurrencies, and sovereign debt
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