Finance
Global Markets Rally on AI Enthusiasm as Energy Supply Concerns Mount.
April 27, 2026 at 4:15 AM
Asian stock markets hit record highs driven by AI investment optimism, even as stalled U.S.-Iran diplomatic talks push oil prices to a three-week peak due to Strait of Hormuz supply disruptions.
Economy
Escalating Geopolitical Tensions Drive Sri Lanka's Oil Import Costs to Record Highs.
April 16, 2026 at 4:54 AM
HSBC CEO Georges Elhedery reveals that global energy market disruptions have forced nations like Sri Lanka to pay as much as $286 per barrel for oil, far exceeding international benchmark prices.
International News
Egypt Implements Stringent Energy Conservation Policies Amid Global Fuel Crisis.
April 7, 2026 at 6:48 PM
Facing severe energy shortages triggered by the blockade of the Strait of Hormuz, Egypt has introduced mandatory shop closures, fuel price hikes, and remote work policies to manage its dwindling reserves.














