Government & Economy Local Business Spotlights Sri Lanka Business News

Iran Offers Lifeline to Sri Lanka: Ready to Supply Oil and Essential Resources Amid Global Uncertainty

🇱🇰 Strengthening Sri Lanka–Iran Relations in a Critical Time In a significant diplomatic development, Iran has reaffirmed its strong support for Sri Lanka, signaling its readiness to assist the island nation with essential supplies, including fuel, if the need arises. The announcement was made during a media briefing held at the Embassy of the Islamic […]

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Government & Economy Local Business Spotlights Sri Lanka Business News Sri Lanka Latest News

Sri Lanka Reintroduces Fuel QR System as Global Oil Crisis Raises Supply Concerns

Published: March 16, 2026Sri Lanka has officially reintroduced the QR code fuel distribution system across the country starting March 15, 2026, as authorities move to manage fuel supplies amid rising global oil prices and geopolitical tensions in the Middle East. The decision comes as global energy markets face renewed uncertainty, raising concerns about potential fuel […]

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Government & Economy Local Business Spotlights Sri Lanka Business News Sri Lanka Latest News

Rising Oil Prices Could Create New Economic Challenges for Sri Lanka

Global oil markets have entered a period of volatility as geopolitical tensions in the Middle East intensify, pushing crude oil prices sharply higher. For countries that rely heavily on imported energy, including Sri Lanka, this trend could create new economic pressures across several sectors. The conflict in the Middle East has disrupted global energy supply […]

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