Sri Lanka, March 9 -- Global oil prices climbed sharply during the week from March 3-6, 2026, surpassing USD90 per barrel amid mounting concerns over supply disruptions linked to the escalating US-Israeli conflict with Iran and the continued closure of the Strait of Hormuz. By the end of the period, Brent and West Texas Intermediate (WTI) crude prices had risen significantly compared to the previous week, increasing by USD13.87 and US$14.49 per barrel respectively, reflecting heightened volatility in global energy markets.Sri Lanka manufacturing

The external sector meanwhile showed positive signs with Sri Lanka receiving USD 1,480.1 million workers' remittances for the period of January to February 2026 a increase of 32 % YoY with USD 72...