Deputy Minister Ruwan Senarath says that the fuel currently being distributed in the country was imported at higher prices during the Middle East conflict period.
Therefore, he stated that it is not possible to reduce fuel prices at this moment.
He further added that in the future, subsidies will definitely be provided for fuel imported at lower prices.
Therefore, he stated that it is not possible to reduce fuel prices at this moment.
He further added that in the future, subsidies will definitely be provided for fuel imported at lower prices.
Latest News
US military says it struck vessel in Caribbean, killing two
Local
22 June 2026
Dengue cases hit 1,000-plus in a day for first time this year
Local
22 June 2026
S&P Sri Lanka 20 Index constituents revised
Local
22 June 2026
Petrol prices in Singapore drop for the first time in 28 days
Local
22 June 2026
$572mn cocaine seized in Australia's biggest haul
Local
22 June 2026
Coconut coir exporters’ concerns discussed at EDB special meeting
Local
22 June 2026
'If fuel is imported at a lower cost, can be sold at a lower price,' says Deputy Minister Ruwan
Local
22 June 2026
Sri Lanka rubber sector gets ready for EUDR rules
Local
22 June 2026
Nations Trust Bank debenture issue oversubscribed
Local
22 June 2026
Oil slips after US-Iran conclude talks
Local
22 June 2026