Bangladesh is pushing to secure loans of around $2 billion from multilateral agencies for tackling energy security concerns amid soaring global fuel prices driven by the West Asia war. The government has now adopted a three-pronged approach to ensure sustainable energy supply, the prime minister's finance and planning adviser Rashed Al Titumir said on Saturday (March 21, 2026). Most crude fuel is sourced from Saudi Arabia and the United Arab Emirates, while around 35% of gas supply also comes from West Asia. An attack on a site at Qatar's Ras Laffan LNG hub could disrupt gas supply, given the country's reliance on the facility. As energy scarcity hits Bangladesh, India sends diesel using ‘Friendship Pipeline’Since the outbreak of the war, authorities have taken several measures to curb fuel consumption.

Source: The Hindu March 21, 2026 16:53 UTC