The oil world in dire straits - News Summed Up

The oil world in dire straits


And, what’s more, to make matters doubly worse, 20 per cent of the Gulf’s oil outflow to the world has to pass through a 100-mile-long, 60-mile-at-its-widest waterway. Because of that, Iran is always ready to provide the necessities our ‘friend’ countries, like Sri Lanka, require. And in any case, if Sri Lanka demands oil or any other necessity, Iran will supply and provide these goods to Sri Lanka. And the nation of Sri Lanka is seen as a very respected people of Iran.’What comforting words of good cheer. Perhaps Sri Lanka made a discreet inquiry from the embassy whether it was possible to have a large oil takeaway home delivered.


Source: Sunday Times March 28, 2026 18:57 UTC



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