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Fuel Crisis Deepens in Sri Lanka Amid Tensions with Iran

Sri Lanka’s economy, which has been struggling to regain its footing since the onset of a financial crisis four years ago, is facing a fresh challenge due to escalating tensions between the US and Israel on the one hand and Iran on the other.
As a result, fuel prices have skyrocketed, prompting the rationing of petrol and diesel, while electricity costs have risen by a significant 25 percent.

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