Higher oil prices push Sri Lanka into deeper economic crisis

COLOMBO, Sri Lanka (AP) — Sri Lanka’s already dire economic crisis has deepened as oil prices hover near $110 a barrel. Vehicles are stranded with empty tanks, power cuts are depriving students of study time for exams and shopping mall air conditioners are being switched off to conserve energy.

Related Keywords

Gampaha , Western , Sri Lanka , India , Russia , Colombo , Ukraine , Sri Lankan , Ceylon , Janaka Ratnayake , Viyara Fernando , Shiran Fernando , Bharatha Mallawarachi , Udaya Gammanpila , Ravindra Mendis , Sri Lanka Public Utilities Commission , Ceylon Chamber , Associated Press , South Asian , Energy Minister Udaya , Ranga Kalansooriya , Russia Ukraine War , Business , Economy , Europe , Prices , South Asia , Asia ,