West Asia Conflict Drives Up Fuel Prices in Bangladesh
Bangladesh has raised fuel prices due to unavoidable increases in import costs. This rise was attributed to surging crude oil prices, supply chain issues, and escalating freight expenses following the war in West Asia.
Officials said the increase was unavoidable as rising crude prices, supply chain disruptions and higher freight and insurance costs pushed up import expenses in recent weeks, particularly after oil prices have jumped during the seven-week-old war on Iran.