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Sri Lanka has cut fuel prices by up to six per cent, the first such move since the Middle East war triggered a surge in energy prices in the import-dependent nation, AFP reports.
The state-run Petroleum Corporation said it will lower diesel by 25 rupees a litre to 382 rupees ($1.15), while petrol was lowered by 20 rupees to 414 rupees.
The cuts follow a sharp fall in international energy prices after the United States and Iran agreed to hold talks to bring an end to their conflict.
Sri Lanka had raised petrol and diesel prices by almost 50pc after the US and Israel launched attacks on Iran on February 28.
