The move comes amid rising global crude oil prices, which recently crossed USD 100 per barrel for the first time in four ...

Sri Lanka faces renewed economic risks from the sharp rise in global oil prices as the escalating conflict in the Middle East threatens energy supply routes and increases costs for fuel-importing ...

Retail fuel prices in Sri Lanka have surged by over 8% to deter hoarding amid soaring global oil costs, as tensions in West Asia escalate. Prices increased by LKR 22 per litre as global crude hits ...

Sri Lanka’s economic recovery is increasingly described in terms of cautious optimism. Inflation has fallen sharply from the extreme levels experienced during the economic crisis of 2022, the exchange ...