Energy
Brazil Emerges as Strategic Energy Alternative Amidst Middle East Conflict.
May 25, 2026 at 1:24 PM
As the US-Iran conflict disrupts oil transit through the Strait of Hormuz, Asian importers are increasingly relying on Brazilian crude to maintain energy security, significantly boosting Brazil's export revenues.
Local News
Sri Lankan Households Face Fresh Financial Pressure Amidst Rising Energy Costs and Currency Depreciation.
May 10, 2026 at 11:57 PM
Sri Lanka has implemented a new electricity tariff revision for high-usage consumers, compounding the cost-of-living crisis as the rupee faces continued depreciation. The move is expected to drive inflation, impacting retail food prices.














