Bangladesh Implements Fuel Rationing Amidst Supply Concerns

Bangladesh Implements Fuel Rationing Amidst Supply Concerns.webp

March 09, New Delhi – Bangladesh has introduced fuel rationing as the conflict in West Asia exacerbates the energy shortage in the import-dependent nation.

The Bangladesh Petroleum Corporation has limited fuel sales for most vehicles following attacks on Iran by the US and Israel, and Tehran's retaliatory strikes across the Gulf, which raised concerns about supply disruptions. Bangladesh imports nearly 95 percent of its oil and gas needs.

Authorities have also capped fuel purchases for several vehicles after panic buying and hoarding led to long queues at fuel stations across the country.
 
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bangladesh energy shortage fuel hoarding fuel rationing fuel sales gulf region import dependence iran israel panic buying tehran west asia conflict
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