Considering that Sri Lanka owes more than $50 billion in foreign debt, it remains uncertain how it compensated for the Russian crude. But the deal has been done as Russian oil is saving Sri Lanka from an energy crisis.
The biggest financial crisis Sri Lanka has ever faced has stemmed from a foreign exchange shortfall, with shortages of everything from food to crude oil. Fuel supplies are running out, retailers are out of food, and social-economic pandemonium has erupted across the South ...
