Sri Lanka is considering the purchase of crude oil from the US as part of its efforts to correct the trade imbalance with Washington, an official said on Monday.
The development comes ahead of the August 1 deadline for negotiations on tariffs imposed by the Donald Trump-led administration.
Head of the state fuel entity Ceylon Petroleum Corporation (CPC) Janaka Rajakaruna told reporters that the West Texas Intermediate (WTI) crude oil would be invited to participate in Sri Lanka's competitive tender bids to buy crude oil.
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