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    <title>Aaj TV English News - World</title>
    <link>https://english.aaj.tv/</link>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Thu, 09 Apr 2026 05:13:41 +0500</pubDate>
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    <ttl>60</ttl>
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      <title>Open to buying Russian oil, Sri Lankan PM tells AP</title>
      <link>https://english.aaj.tv/news/30288951/open-to-buying-russian-oil-sri-lankan-pm-tells-ap</link>
      <description>&lt;p&gt;&lt;strong&gt;COLOMBO: Sri Lanka may be compelled to
buy more oil from Russia as the nation faces shortages amid an
unprecedented economic crisis, its prime minister told the
&lt;em&gt;Associated Press&lt;/em&gt;.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Prime Minister Ranil Wickremesinghe, in an interview with
the news agency on Saturday, said he would first look to other
sources, but would be open to buying more crude from Moscow.&lt;/p&gt;
&lt;p&gt;The country is in the midst of its worst financial crisis in
seven decades and severely strapped for dollars to pay for
critical imports including food, fuel and medicine.&lt;/p&gt;
&lt;p&gt;Long lines, sometimes kilometers long, are a common sight
near petrol stations across the country, which has also been hit
by rolling power cuts.&lt;/p&gt;
&lt;p&gt;While Washington and its allies are trying to cut financial
flows supporting Moscow’s war effort, Russia is offering its
crude at a steep discount, making it extremely enticing to a
number of countries.&lt;/p&gt;
&lt;p&gt;Wickremesinghe, who is also Sri Lanka’s finance minister,
also indicated he would be willing to accept more financial help
from China, despite the island nation’s mounting debts.&lt;/p&gt;
&lt;p&gt;Sri Lanka’s current predicament was of “its own making”, he
said, and the war in Ukraine was making it even worse adding
that dire food shortages could continue until 2024.&lt;/p&gt;
&lt;p&gt;He said Russia had also offered wheat to Sri Lanka, the &lt;em&gt;AP&lt;/em&gt;
reported.&lt;/p&gt;
&lt;p&gt;Sri Lanka was also trying to get oil and coal from its
traditional suppliers in the Middle East.&lt;/p&gt;
&lt;p&gt;Officials are negotiating with private suppliers, but
Wickremesinghe said one issue they face is that “there is a lot
of oil going around which can be sourced back informally to Iran
or to Russia.”
Since Russia’s invasion of Ukraine in late February, global
oil prices have skyrocketed.&lt;/p&gt;
</description>
      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>COLOMBO: Sri Lanka may be compelled to
buy more oil from Russia as the nation faces shortages amid an
unprecedented economic crisis, its prime minister told the
<em>Associated Press</em>.</strong></p>
<p>Prime Minister Ranil Wickremesinghe, in an interview with
the news agency on Saturday, said he would first look to other
sources, but would be open to buying more crude from Moscow.</p>
<p>The country is in the midst of its worst financial crisis in
seven decades and severely strapped for dollars to pay for
critical imports including food, fuel and medicine.</p>
<p>Long lines, sometimes kilometers long, are a common sight
near petrol stations across the country, which has also been hit
by rolling power cuts.</p>
<p>While Washington and its allies are trying to cut financial
flows supporting Moscow’s war effort, Russia is offering its
crude at a steep discount, making it extremely enticing to a
number of countries.</p>
<p>Wickremesinghe, who is also Sri Lanka’s finance minister,
also indicated he would be willing to accept more financial help
from China, despite the island nation’s mounting debts.</p>
<p>Sri Lanka’s current predicament was of “its own making”, he
said, and the war in Ukraine was making it even worse adding
that dire food shortages could continue until 2024.</p>
<p>He said Russia had also offered wheat to Sri Lanka, the <em>AP</em>
reported.</p>
<p>Sri Lanka was also trying to get oil and coal from its
traditional suppliers in the Middle East.</p>
<p>Officials are negotiating with private suppliers, but
Wickremesinghe said one issue they face is that “there is a lot
of oil going around which can be sourced back informally to Iran
or to Russia.”
Since Russia’s invasion of Ukraine in late February, global
oil prices have skyrocketed.</p>
]]></content:encoded>
      <category>World</category>
      <guid>https://english.aaj.tv/news/30288951</guid>
      <pubDate>Sun, 12 Jun 2022 15:17:57 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
      <media:content url="https://i.aaj.tv/large/2022/06/12151001cb756e9.jpg?r=151757" type="image/jpeg" medium="image" height="480" width="800">
        <media:thumbnail url="https://i.aaj.tv/thumbnail/2022/06/12151001cb756e9.jpg?r=151757"/>
        <media:title>Vehicles queue to buy petrol at a fuel station in Gonapola town, on the outskirts of Colombo, Sri Lanka.
Source: Reuters
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