Author: Faraz Shauketaly
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Oil Shock Math – What Sri Lanka now Pays
When geopolitics shifts, the invoice follows.Sri Lanka does not currently import crude directly from Iran due to sanctions constraints. But if conflict in the Gulf drives up the price of Brent-linked crude, the effect is identical. We pay the global price — not the passport of the barrel. Let’s run the numbers.100,000 metric tonnes of crude
