Fuel QR System Reintroduced Amid Global Supply Strain 📈

The Government has officially reinstated the National Fuel Pass (QR system) effective March 15, 2026, to manage dwindling reserves and prevent panic buying triggered by escalating Middle East conflicts. Market Context • Global Impact: Brent and WTI crude prices surged by approximately US$ 16 per barrel last week due to the US-Israel-Iran maritime conflict. • National Reserves: Authorities report an "abnormal increase" in demand and depletion of existing stocks, necessitating a managed distribution to sustain economic activity. Weekly Fuel Quotas (Selected Categories) • Motor Cars: 15 Litres (Reduced from 20L in 2022) • Motorcycles: 5 Litres • Three-Wheelers: 15 Litres (Increased from 5L in 2022) • Buses: 60 Litres • Motor Lorries: 200 Litres • Land Vehicles / Agriculture: 25 Litres Key Highlights • Logistics & Transport: Higher quotas for lorries and buses aim to protect the supply chain and public mobility compared to the 2022 debt crisis limits. • Energy Security: President Dissanayake confirmed supplies are guaranteed for only two months if regional tensions persist. • Supply Sourcing: Sri Lanka has secured emergency shipments from India and is currently in discussions with Russia. _Note: Users facing registration glitches or ownership changes are advised that system updates are ongoing as of March 16._