🚀 Fuel Prices Hiked Across the Board Amid Global Supply Concerns

The Government and Lanka IOC implemented a nationwide fuel price hike effective last night, driven by global crude oil prices surging past $ 100 a barrel due to Middle East supply disruptions. • New Fuel Price Breakdown (per Litre): • Petrol Octane 92: Rs. 317 (Up by Rs. 24) • Petrol Octane 95: Rs. 365 (Up by Rs. 25) • Auto Diesel: Rs. 303 (Up by Rs. 22) • Super Diesel: Rs. 353 (Up by Rs. 24) • Kerosene: Rs. 195 (Up by Rs. 13) • Economic Context: • The price revision impacts the transport and logistics sectors, essential for apparel & textiles and tea exports. • While global volatility remains high, the Central Bank of Sri Lanka (CBSL) notes the economy is now better positioned to absorb such shocks compared to the 2022 crisis. • The Government confirms that fuel stocks remain sufficient for the immediate term with scheduled shipments secured to prevent shortages. _Note: Prices based on official CEYPETCO and LIOC revisions as of March 10, 2026._