Sri Lanka to run out of oil today as streets break out into chaos

TCS Wire

May 16, 2022

Today, Sri Lanka could run out of fuel, medicine, and other essential goods if it doesn’t receive $75 million in emergency funding. 

“We have run out of petrol … At the moment, we only have petrol stocks for a single day,” said newly elected Prime Minister Ranil Wickremesinghe. 

On Twitter, Wickremesinghe warned his fellow Sri Lankans that they would face the “most difficult” time of their lives. 

“The next couple of months will be the most difficult ones of our lives. I have no desire to hide the truth and to lie to the public. Although these facts are unpleasant and terrifying, this is the true situation,” wrote Wickremesinghe.

Sri Lanka’s electrical grid is primarily fueled by oil, and according to Wickremesinghe, there could be rolling 15-hour blackouts every day for the country’s population of 21 million. 

The economic crisis is being driven by a number of things, including a foreign exchange shortage, rampant inflation and shortages in food and fuel. The country also recently called off an organic farming program which imposed a nationwide ban on synthetic fertilizers and pesticides. 

Due to the policy, rice yields crashed by 20 per cent

 in just the first six months of implementing the mandate. Additionally, the country’s tea production was heavily rocked. 

Protestors have taken to the street to voice their opposition to the government’s mishandling of the economy. 

The violent clashes have since led to 300 people being injured and another nine who died. 

Videos on social media show protestors trashing luxury vehicles and mobs purportedly hunting down wealthy Sri Lankans on the streets. 

Protests have been raging across Sri Lanka for nearly a month. 

Share this story

Help Keep your News Free

Share this story

It's crucial we stay in touch

Big Tech wants to censor us, that’s why you need to stay in touch.

YOU MIGHT ALSO LIKE THESE...

Trending News

Police officers in France are checking civilians’ tanks at the pumps and sending away those with too much fuel to be eligible for a top-up. 

Jorgen Soby

October 11, 2022

Trending News

A re-surfaced video of Biden speaking in February has pundits speculating about the American president’s role in the Nord Stream gas leaks. 

Mike Campbell

September 28, 2022

Trending News

The Danish and Swedish governments have said three gas leaks on the Nord Stream pipelines were “deliberate.”

Jorgen Soby

September 27, 2022

Trending News

Hundreds of protesters have descended on the Iraqi government’s palace in Baghdad after an influential Shiite cleric announced his resignation.

TCS Wire

August 29, 2022

Trending News

German Chancellor Olaf Scholz travelled all the way to Canada in search of new energy after Russia turned off the taps, but Germany won’t be walking away with a drop of Canadian oil and gas.

Keean Bexte

August 24, 2022

Trending News

The UK is being sent back to the Dark Ages, with the government planning to have several scheduled blackouts in the middle of winter to conserve power due to predicted energy shortages.

TCS Wire

August 9, 2022

We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. You consent to our cookies if you continue to use our website.