Sri Lanka Minister Nalinda Jayathissa addresses fuel and electricity pricing

Sri Lanka Updates Fuel & Electricity Prices Amid Global Market

Colombo, 21 March 2026 – Sri Lanka’s fuel and electricity prices will be determined in accordance with global market trends, Cabinet Spokesperson and Minister Nalinda Jayathissa confirmed during a special media briefing held at the Government Information Department on 20 March 2026. Minister Jayathissa stated that the government’s primary objective is to ensure uninterrupted electricity […]

US sanctions lift on Iranian oil to ease global energy prices

US Lifts Iranian Oil Sanctions Amid Soaring Global Gas Prices.

Washington, March 21, 2026 – The United States has issued a temporary waiver allowing the sale of Iranian oil currently stranded at sea, in an effort to address rising global gas prices exacerbated by the ongoing war in the region. Treasury Secretary Scott Bessent announced the short-term authorization, which will remain valid until April 19, […]