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Sri Lanka cabinet approves emergency coal purchase amid Mideast crisis

ReutersMar 17, 2026 8:53 AM

COLOMBO, March 17 (Reuters) - Sri Lanka's cabinet has approved an emergency purchase of 300,000 metric tons coal from an Indian company named Taranjot Resources Pvt Ltd, a cabinet statement said on Tuesday.

The purchase comes at a time when the island nation is rationing fuel to extend the life of its energy stockpiles amid a supply squeeze resulting from the U.S.-Israeli war on Iran.

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