Oil prices flat as Trump’s plan for Strait of Hormuz fails to calm market
2026-05-04
Oil prices are largely unmoved following United States President Donald Trump’s announcement that the US will guide stranded vessels outContinue Reading
Oil prices soar on fears of long supply disruption, US siege of Iran ports
2026-04-30
Oil prices soared more than 6 per cent on worries about prolonged supply disruption in the Strait of Hormuz andContinue Reading
Brent oil tops $106 per barrel after Iran peace talks stall
2026-04-27
Oil prices climbed on Monday after plans for a second round of peace negotiations between the U.S. and Iran unravelledContinue Reading
Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz
2026-04-24
Oil prices have jumped on heightened tensions between the United States and Iran in the Strait of Hormuz following WashingtonContinue Reading
Oil prices edge lower as fragile Iran ceasefire extension clouds outlook
2026-04-22
Oil prices edged lower on Wednesday as uncertainty lingered over the trajectory of the U.S.–Iran conflict, after President Donald TrumpContinue Reading
Oil prices surge amid mixed signals on US-Iran peace talks
2026-04-20
Oil prices have risen sharply following attacks on commercial vessels in the Strait of Hormuz and conflicting messages about theContinue Reading
Sri Lanka may have paid up to $286 per barrel for oil, says HSBC chief
2026-04-16
Sri Lanka may have purchased oil at around $286 per barrel amid the Middle East conflict, according to HSBC ChiefContinue Reading
Oil prices surge as Trump vows to hit Iran ‘extremely hard’ within weeks
2026-04-02
Oil jumped in volatile trading as U.S. President Donald Trump warned of further military aggression against Iran in the nextContinue Reading
Oil tops $116 a barrel as Iran accuses US of preparing invasion
2026-03-30
Oil prices have surged to their highest level in nearly two weeks amid escalation on multiple fronts of the US-IsraelContinue Reading
Oil prices rise higher as Iran denies US talks
2026-03-26
Oil prices have climbed higher amid fading hopes of de-escalation in the Iran war following Tehran’s denial that talks withContinue Reading
From Pump to Plate: Understanding Oil Price Pass-through in Post-2022 Sri Lanka
2026-03-26
By Dr Pulasthi Amarasinghe, Research Fellow, Institute of Policy Studies of Sri Lanka (IPS) Oil price fluctuations have historically impactedContinue Reading
Global oil prices fall after Trump Iran talk claims
2026-03-23
Oil prices fell by more than 13 per cent after US President Donald Trump said he would order the militaryContinue Reading
US considers lifting sanctions on Iranian oil at sea
2026-03-20
US Treasury Secretary Scott Bessent said Thursday that Washington might lift sanctions on Iranian oil that is already being shipped,Continue Reading
Oil prices keep rising as Trump seeks coalition to reopen Strait of Hormuz
2026-03-16
Oil prices are continuing to rise as markets see no end in sight to the effective closure of the StraitContinue Reading
Oil stays above $100 a barrel amid Iran’s stranglehold on Strait of Hormuz
2026-03-13
Oil prices have again risen above $100 per barrel as energy markets see little relief amid the biggest disruption toContinue Reading
Oil prices fall on demand concerns but head for weekly gain
2025-08-29
Oil prices declined on Friday, though they remain on track to register a weekly gain. The market is navigating opposingContinue Reading
