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Sri Lanka fuel stations dry up

STORY: On Sunday (May 15) India offered the debt-struck nation 12 shipments of fuel, equal to 400,000 metric tonnes of diesel. However delivery drivers said they were unable to get any fuel.”We are getting the news that it won’t be arriving today and for another three days it won’t be available,” said pick-up delivery driver, Shabir.Sri Lanka’s parliament reconvened on Tuesday (May 17) for the first time since violence flared last week and the prime minister quit, as his replacement warned that the country was in a precarious economic situation and down to its last day of petrol supplies.Ranil Wickremesinghe, the new prime minister, said in a televized address on Monday (May 16) that the island nation had to face “unpleasant and terrifying facts”.

*India Apr Wholesale Price Inflation 15.08% Vs. 14.55% In Mar, Consensus 14.48%

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