Category: Business
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Sri Lanka’s Economic Balancing Act: Tackling Rising Oil Prices and High-Stakes Challenges
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As of March 9, 2026, the global energy landscape has experienced a dramatic shift due to a sudden and sharp increase in oil prices. Brent crude has surged past $110 a barrel, driven by intensified geopolitical tensions in West Asia and the closure of the Strait of Hormuz, affecting countries across the Indian Ocean. For
