With the events in the Middle East after the Israel-US strikes on Iran, the fallout from the conflict was expected, and is reverberating across global energy markets. Bangladesh, heavily dependent on the region for the majority of its energy needs, now faces the prospect of shortages and rationing. That we are staring at this looming crisis underscores a deeper vulnerability: Bangladesh’s overreliance on imported fossil fuels. As long as our energy mix remains narrow and dependent on volatile global markets, any and all geopolitical shocks will result in instability when it comes to our domestic energy needs. Renewable energy, regional power trade, and investment in domestic gas exploration must be prioritized with urgency.

Source: Dhaka Tribune March 06, 2026 04:58 UTC