Sri Lanka announces electricity tariff hike as Middle East conflict drives energy costs higher

Sri Lanka announces electricity tariff hike as Middle East conflict drives energy costs higher

Sri Lanka is set to increase electricity tariffs by as much as 18 percent starting Monday, as the country struggles with rising energy production costs linked to the ongoing conflict in the Middle East. According to the Public Utilities Commission, the increase will mainly affect high-volume electricity users consuming more than 180 kilowatt hours per […]

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West Asia tensions, Myanmar unrest and South China Sea disputes dominate Asean summit in the Philippines

West Asia tensions, Myanmar unrest and South China Sea disputes dominate Asean summit in the Philippines

Leaders from Southeast Asia are gathering in the central Philippines this week for a crucial Asean summit as rising geopolitical tensions across West Asia, Myanmar and the South China Sea place enormous pressure on the region’s stability and economy. Philippine President Ferdinand Marcos Jr. has described the summit as a “bare bones” meeting focused mainly […]

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Iran’s foreign minister shuttles between capitals as peace efforts continue without US participation

Iran’s foreign minister shuttles between capitals as peace efforts continue without US participation

Iran’s foreign minister has resumed an intense round of diplomatic visits, moving rapidly between countries as mediators work to keep fragile communication channels open between Tehran and Washington. On Sunday, he returned to Islamabad after earlier stops, reflecting a growing urgency to prevent tensions from escalating further. After leaving Pakistan, he traveled to Muscat, Oman, […]

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IEA chief warns US-Iran conflict could trigger the worst energy crisis in history

IEA chief warns US-Iran conflict could trigger the worst energy crisis in history

The ongoing tensions involving the United States, Iran, and Israel are rapidly escalating into what could become the most severe global energy crisis ever recorded, according to the head of the International Energy Agency. Speaking in a recent radio interview, IEA chief Fatih Birol described the situation as unprecedented. He emphasized that the world is […]

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China and Russia Strengthen Strategic Dialogue as Global Tensions Rise Over Energy and Conflict

China and Russia Strengthen Strategic Dialogue as Global Tensions Rise Over Energy and Conflict

In a week marked by intense diplomatic activity, Xi Jinping held a significant meeting with Sergei Lavrov in Beijing, signaling a renewed push for closer cooperation between China and Russia amid growing global uncertainty. This high-level engagement comes as several world leaders affected by the ongoing Middle East conflict arrive in China, highlighting Beijing’s increasing […]

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