Sri Lanka Cut Fuel Prices After Middle East Ceasefire

Sri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices in the import-dependent nation.

The state-run Petroleum Corporation said it will lower diesel by 25 rupees a litre to 382 rupees ($1.15), while petrol was lowered by 20 rupees to 414 rupees.

The cuts follow a sharp fall in international energy prices after…