Firefighters and investigators examine the site, Monday, March 23, 2026, where an Air Canada jet came to rest after colliding with a Port Authority firetruck at LaGuardia Airport, after landing Sunday night in New York. (AP Photo/Seth Wenig)
Just moments after Donald Trump backed down from his threat to bomb Iran’s energy infrastructure in a Truth Social post at 7.05 am, oil prices plunged over 13 per cent, Treasury yields tumbled and traders signalled that US stocks would surge at the opening bell.
· Alexandra Semenova, Isabelle Lee, Matthew Griffin
Just moments after Donald Trump backed down from his threat to bomb Iran’s energy infrastructure in a Truth Social post at 7.05 am, oil prices plunged over 13 per cent, Treasury yields tumbled and traders signalled that US stocks would surge at the opening bell.
· Alexandra Semenova, Isabelle Lee, Matthew Griffin
WASHINGTON — The US is continuing to “aggressively” strike Iran after President Trump imposed a five-day pause on attacks against Tehran’s energy infrastructure following “very good and productive conversations” with the crumbling regime.
Iran has “talked tough,” notes R.N. Prasher at Asia Times, vowing to bring the United States and Israel to their knees. But its enemies haven’t “suffered casualties and damage anywhere near that suffered by Iran,” and their “leadership remains intact.” Even its hopes to spread the “global energy crisis” seems “unlik…
Energy systems across ASEAN+3 (the Association of Southeast Asian Nations, plus China, Japan, and South Korea) are under increasing strain. Climate shocks are threatening infrastructure and supply. The rapid expansion of AI and digital infrastructure is driving a surge in electricity demand. And geopolitical tension…
US President Donald Trump has ordered a five‑day delay in planned strikes on Iranian power plants and energy infrastructure, claiming “very good and productive” talks with Tehran are under way and will continue through the week. The move follows his threat to “obliterate” Iran’s power network if it does not reopen t…
Iranian Ambassador in Colombo, Dr. Alireza Delkhosh yesterday said that Iran is ready to supply fuel and other essential goods to Sri Lanka upon request. “Iran is always ready to support Sri Lanka. If Sri Lanka requires fuel or any other essential goods, we are ready to provide them,” he said.
Milk powder importers and wheat flour companies have assured that despite the difficulties faced due to the Middle East crisis and escalating fuel prices, they will not resort to increasing the prices of imported milk powder and wheat flour. They had given this assurance during a meeting with Trade, Commerce, Food S…
President Donald Trump said yesterday (23) that he has ordered the United States military to postpone strikes against Iranian power plants and energy infrastructure for five days after holding “good and productive conversations” with Tehran.
The audio from a control tower at New York's LaGuardia airport captured the moments before a plane collided with a fire truck while landing. An air traffic controller could be heard on a radio transmission at LaGuardia airport giving clearance to a vehicle to cross part of the runway, then trying to stop it. The pil…
Opposition Leader Sajith Premadasa stated that the continued increase in fuel prices is pushing the country toward a severe economic crisis and deepening poverty.
Browns EV, in partnership with PickMe and LOLC Holdings PLC, marked a significant milestone in Sri Lanka’s mobility landscape with the handover of 125 electric vehicles under its ‘Drive to Own’ initiative.
MANILA, Philippines—Independent Commission for Infrastructure (ICI) Chair Andres Reyes met with Department of Justice (DOJ) officials on Monday to turn over documents and other materials it gathered during investigations into anomalous flood control projects.
A steep hike in the prices of fuel was inevitable, given the unprecedented rise in global crude prices in the wake of the war on Iran waged by the United States (US) and Israel. Even though the Government initially raised fuel prices by just eight percent, this was deemed insufficient as the Ceylon Petroleum Corpora…
Oil prices dropped by over 13 percent yesterday (23) after an announcement by US President Donald Trump that he would instruct the military to delay any strikes on Iranian power plants and energy infrastructure.
Six fake websites collecting information from the public by claiming to generate fuel QR codes speedily have been banned by the Sri Lanka Computer Emergency Readiness Team (SLCERT).
Iran has warned it will target energy and water infrastructure across the Gulf if the United States follows through on its threat to strike its electricity grid, escalating tensions as a US deadline over the Strait of Hormuz approaches.
It was “just pure luck’’ that the LaGuardia plane crash didn’t involve more fatalities — with the jet miraculously hitting the fire truck at an angle that avoided fuel supplies, an aviation-safety analyst said Monday.
The U.S. Postal Service’s next-generation delivery vehicle, left, is displayed as one new battery electric delivery trucks leaves the Kokomo Sorting and Delivery Center in Kokomo, Ind., Aug. 29, 2024. (AP Photo/Michael Conroy, File)
The Rural Doctors Association says some regional patients may be forced to make "life and death" decisions due to rising fuel costs. (ABC North West Queensland: Kelly Butterworth)
Motorists queue up to get fuel at a pump, fearing a possible fuel shortage due to the US Iran war, in Ahmedabad, India, Monday, March 23, 2026. (AP Photo/Ajit Solanki)
Carpentry apprentice Jordan Mulvaney says the government's advice to work from home to curb Australia's fuel crisis has missed the mark for workers like him. Source: Supplied
When military recruiters arrived at the Lunin College of Transport Technologies in the Siberian city of Novosibirsk last month, they hoped they would find students willing to enlist as drone operators — but few took up the offer.
BOGOTÁ, Colombia — A military transport plane crashed Monday when taking off in Colombia, officials said, with at least 80 people aboard though there were conflicting reports about how many troops were dead and injured.
Donald Trump has said he is postponing strikes on Iranian power plants for a five-day period, extending a deadline he gave the regime to open the strait of Hormuz. The US president had threatened to ‘obliterate’ Iran’s power plants, while Tehran said in return it would ‘irreversibly destroy’ essential infrastructure…
States are insisting the Albanese government take on a national leadership role managing the prospect of emergency measures to cut demand for oil, fearing any piecemeal state-by-state approach would create COVID-era confusion and anxiety.
Tyler Reddick, center right, celebrates with his team in Victory Lane after winning a NASCAR Cup Series auto race, Sunday, March 22, 2026, in Darlington, S.C.(AP Photo/Matt Kelley)
President Vladimir Putin has signed a law allowing private security companies to temporarily use firearms to protect critical infrastructure from drone attacks during the war in Ukraine, the state-run TASS news agency reported Monday, citing official documents.
PRESIDENT Ferdinand Marcos Jr. has ordered the creation of a crisis committee to ensure the country’s food and fuel supplies remain stable amid the war in the Middle East, Malacañang said on Monday.
· Kristina Maralit, Bernadette E. Tamayo, William B. Depasupil