Iran Escalates Response Following New US Attacks Iran has announced the closure of the Strait of Hormuz, one of the world’s most critical maritime chokepoints, following a fresh round of US military strikes on Iranian targets. Tehran’s top military command declared that all vessels, including oil tankers and commercial ships, would be barred from passing…
Fuel Prices Increased Across Major Categories in Sri Lanka The Sri Lankan government has announced an increase in fuel prices across all major categories, impacting petrol, diesel, and other petroleum products nationwide. The revision comes as authorities seek to manage rising energy costs, maintain financial stability in the petroleum sector, and align domestic fuel rates…
Tensions between the United States and Iran have escalated once again following fresh military incidents, growing diplomatic deadlock, and rising concerns over security in the Strait of Hormuz. The latest developments have increased fears of a wider regional conflict and triggered volatility in global energy markets. The recent escalation comes after reports of drone attacks…
