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UPI ID : enb@axis.com
UPI ID : enb@axis.com
Sri Lanka repatriates 238 stranded Iranian sailors: Minister Published Apr 15, 2026, STCOLOMBO - Sri Lanka has repatriated 238 Iranian sailors stranded in the South Asian country after one of their warships was torpedoed by a US submarine, a minister told AFP on April 15.Deputy Defence Minister Aruna Jayasekara said 32 sailors rescued from the IRIS Dena – a frigate attacked on March 4 just off Sri Lanka – and another 206 from the IRIS Bushehr left on April 14.“A few sailors from the IRIS Bushehr are staying back to operate the vessel, but 206 joined those rescued from the IRIS Dena and returned home last night in a chartered aircraft,” Mr Jayasekara said.Official sources said 15 Iranian sailors will remain in Sri Lanka to operate the IRIS Bushehr, which is anchored off Trincomalee in the north-east of the island.The attack on the IRIS Dena brought the Middle East conflict into the Indian Ocean, killing 104 sailors in the early days of the US and Israeli war against Iran, according to Iranian authorities.The bodies of 84 victims were recovered and have been repatriated.In March, Iran’s ambassador to Sri Lanka Alireza Delkhosh said Tehran was in talks with Colombo to repatriate sailors from the IRIS Bushehr which was given safe harbour in Sri Lanka after the IRIS Dena was sunk.Sri Lankan President Anura Kumara Dissanayake said the island provided protection to the Bushehr crew on humanitarian grounds in line with the 1907 Hague Convention.It was not immediately clear on what basis the sailors from the second Iranian vessel were allowed to leave Sri Lankan custody.Sri Lanka has refused permission for US warplanes to use ground facilities in the country in order to maintain Colombo’s neutrality.A third Iranian ship – the IRIS Lavan, with 183 crew members – sought shelter in India’s Kochi port in early March.More than 100 non-essential crew of the IRIS Lavan have since left India. AFP
Tech Stocks Power S&P 500 and Nasdaq to RecordsInvestors remain hopeful that the U.S. and Iran can reach a peace dealBy Sam Goldfarb April 15, 2026 WSJTesla stock was among the big risers. Qilai Shen/Bloomberg NewsQuick SummarySurging tech stocks, including Microsoft and Tesla, propelled the S&P 500 and Nasdaq composite to new records on Wednesday.The market rebounded from war-fueled losses amid investor confidence in a U.S.-Iran peace deal and Strait of Hormuz reopening.Bank of America shares rose 1.8% after a 17% profit increase, while the Dow Jones Industrial Average edged down 0.1%.Surging tech stocks carried the S&P 500 and Nasdaq composite to new records on Wednesday, a milestone in major indexes’ rebound from war-fueled losses. Buoyed by big gains from the likes of Microsoft and Tesla, the S&P 500 rose 0.8% to 7022.95—rallying into the close to finish comfortably above its previous all-time high set in January.In the 53 trading days between those records, stocks were slowed first by worries about potential economic disruptions caused by artificial-intelligence advances and then by the outbreak of war in the Middle East, which spurred a rapid rise in energy prices.More recently, though, investors have grown increasingly confident that the U.S. and Iran will eventually reach a peace deal. That, they hope, will allow the Strait of Hormuz to reopen, enabling oil and other commodities to again flow freely through the waterway. “The market is continuing to lean in to the notion of some sort of end to this conflict, whatever that looks like,” said Liz Ann Sonders, chief investment officer at the Schwab Center for Financial Research.It was a relatively quiet day in headlines from the Middle East, with no major military or diplomatic developments to spur broad market moves in one direction or another. Regional mediators were still pushing to extend the cease-fire between the U.S. and Iran, but the two countries hadn’t announced a date or venue for a second round of talks.Oil prices flitted between small gains and losses, with U.S. crude futures ending the day up less than 0.1% at $91.29 a barrel. Treasury yields ticked higher, while the Dow Jones Industrial Average edged down 0.1%, or 72 points, weighed down by a 3% decline in Caterpillar shares. Technology stocks were the big outperformers. The tech-heavy Nasdaq rose 1.6% for its 11th straight day of gains—closing at its first record since October and extending its longest winning streak since 2021. Chip giant Nvidia also climbed for its 11th straight session, ticking up 1.2%.Software stocks performed particularly well, continuing to bounce back from steep declines last week. Among those were Intuit, which climbed 6.2%, and ServiceNow, which jumped 7.3%. Financial stocks also advanced, buoyed by another batch of solid bank earnings. Shares of Bank of America rose 1.8% after the lender reported a 17% increase in profit from the year earlier quarter. CEO Brian Moynihan touted “solid consumer spending,” adding to a chorus of big lenders seeing resilience in the U.S. economy.PNC Financial edged up 0.4% after posting higher-than-expected earnings. The Pittsburgh-based bank said that it had $33 billion in exposure to private business lenders, including private-credit funds—a focus of investor anxiety in recent months.Executives, though, said on a call with analysts that the bank’s exposure to nonbank loans is low risk, and that they expect no losses going forward.
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