Sri Lanka, Sept. 15 -- Energy Minister Anura Karunathilake announced yesterday (14) that a fuel price revision is likely by the end of September, driven by rising global oil prices and the ongoing situation in the Middle East.

Addressing media queries regarding the price gap between international and domestic markets, as well as reported fuel shortages among distribution companies, the Minister noted that while international market prices have surged, domestic retail prices have remained relatively low.

Several private fuel distributors have informed the Government that operating under the current pricing structure poses significant operational challenges. Minister Karunathilake confirmed that Government officials will hold discussions ...