Sri Lanka, Nov. 19 -- Even as the UN Security Council approved American's 'peace' plan for Palestine, Asian markets, including Sri Lankan, were closely watching the situation in the most strategic Straits of Hormuz where Iran militarily seized a mysterious petrochemical tanker ship last Friday. While no one in Colombo is yet voicing concern, the bulk of trade, especially petroleum products, passing through the Straits at the entrance to the oil-rich Persian Gulf is with Asia's giant markets.Sri Lanka Travel Guide



Meanwhile, the situation in Palestine, also in volatile West Asia, was extra tense as the UN Security Council on Monday eveningpassed the United States' resolution for 'peace' for Gaza and other remnant pockets of Palestinian...