fuel

Locals in northern India have a growing concern over essential resources like water, fuel and food, that have become costly due to the US-Israeli war on Iran. The conflict has brought implications on oil and gas prices, which has also affected bottled water and food costs.

ANOTHER major airline is cancelling hundreds of flight routes due to ongoing fears of rising fuel costs.

The Iran conflict has seen the closure of the Strait of Hormuz, one of the world’s most important shipping routes.

This has had a knock-on effect on the cost of fuel, which has reached new highs.

And a number of airlines have since had to reduce their flight schedule to avoid spiralling costs.

United Airlines is the latest to confirm that it would be cutting five per cent of flights in the second and third quarters of 2026.

With up to 5,000 flights a month – working out to around 4,000 domestic and 800 international routes – this means it affects around 250 flights a month.

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And with this set to last until the end of summer, it means thousands of passengers will be affected.

While the affected flights haven’t been confirmed, it will mainly affect the “less profitable” routes so including midweek flights, as well as overnight and Saturday routes.

United Airlines has the world’s largest airline fleet with more than 1,075 aircraft.

United Airlines‘ Chief Executive Scott Kirby said the cancellations were due to fears of oil rising to as much as $175 (£131) a barrel, and remaining above $100 (£75) until the end of next year.

This would mean the airline’s fuel costs would rise to $11billion (£8.2billion) – double the profit of their best year which was $5billion (£3.7billion).

They warned: “There’s no point in burning cash in the near term on flying that just can’t absorb these fuel costs.”

It’s not just the cost of fuel but how much is being used by airlines as well.

The closure of airspaces and Middle East airports, particularly Dubai which is one of the world’s busiest, has forced airlines to fly alternative – and longer – routes, which burn more fuel.

Other airlines have already confirmed they would be cancelling flights due to expected fuel costs.

Air New Zealand has cancelled 1,100 fights, although said it would mainly affect domestic routes.

This works out to around 44,000 passengers.

And Scandinavian airline SAS said it would be cancelling 1,000 flights next month, also affecting domestic routes primarily.

UK airlines are less affected for now, as most have ‘hedged’ oil prices – meaning paying a fixed price for a set amount of time.

Ryanair boss Michael O’Leary said the rise in jet fuel costs “won’t affect our costs and it won’t affect ​our low fares.”

Major airlines like British Airways and Virgin Atlantic have also cancelled a number of flights to the Middle East as places like the UAE remain on the not-save-to-travel list.

THERE could be trouble ahead for those who have booked holidays to far-flung destinations as airlines are warning of even more flight cancellations.

The rising price and shortage of jet fuel caused by the Iran crisis means airlines may be forced to axe longer journeys.

Following the closure of the Strait of Hormuz, the price of jet fuel has risen sharply from $90 (£67) per barrel to as much as $200 (£150) per barrel – with oil traders now also expecting a shortage of it in the coming weeks.

As a result, there’s a rising risk of airlines cancelling services especially to long-haul destinations.

This is because airlines heading to far-flung places may not have enough fuel for the return journey.

The Times reported that the problem could even go on until summer quoting an industry source that said it could “take up to six months to get back to normal” – which sees us through to August.

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Some airlines are already taking action to preserve fuel. Earlier this week, Air New Zealand said that it will be cutting back on flights until May 2026.

The airline will see roughly a five per cent reduction in its services which works out to around 1,100 flights.

Following suit, Scandinavian Airlines System (SAS) announced that it would be cancelling 1,000 flights.

Certain countries, like Vietnam have now warned that flights could be cancelled from April, affecting the Easter break.

Meanwhile, China and Thailand have halted exports of fuel to maintain their own supplies – which in turn will affect airlines operating in other countries.

Closer to home, Brits could be affected as some of its jet fuel is imported from the likes of Kuwait, Saudi Arabia and the UAE.

International Air Transport Association said that “Europe is among the most exposed, with 25–30 per cent of its jet fuel demand originating from the Persian Gulf.”

Meanwhile, Watson Farley & Williams, the energy, infrastructure and transport law firm, said: “If airports and airlines’ stocks of fuel are depleted for any length of time, airlines will cease to be able to fuel their aircraft and will have to reduce their operations.

“This may have far-reaching consequences.”

This implies that there could be a knock-on effect for airlines later on, too.

It added that “further flight cancellations can be expected, even by airlines operating from home bases where there is a reliable supply of fuel.”

Certain UK airlines are less affected for now because they have secured some of their fuel at a fixed price for a certain amount of time.

These include Ryanair, easyJet, British Airways and Virgin Atlantic.

Ryanair boss Michael O’Leary said the rise in jet fuel “won’t affect our costs and it won’t affect ​our low fares.”

For more on the Iran crisis, British Airways has cancelled all flights to Dubai until June.

Yet, these two beautiful holiday islands with direct UK flights are seeing ‘huge demand’ as Brits swerve from Dubai, says TUI boss.

March 18 (Asia Today) — South Korea’s four major oil refiners are ramping up production and delaying maintenance to stabilize domestic fuel supply amid rising global energy risks, industry officials said Tuesday.

The move comes as refining margins approach $30 per barrel, far above the industry break-even level of about $4 to $5, signaling what analysts describe as a “super cycle.”

Despite strong profitability, refiners said the decision reflects a priority on supply stability as concerns grow over potential fuel shortages linked to Middle East tensions and disruptions in the Strait of Hormuz.

GS Caltex has postponed major maintenance at its Yeosu refinery by about two months to May, opting to keep production running during the current high-margin period. Such maintenance typically lasts about 40 days and costs hundreds of billions of won.

Industry officials said the delay was driven not only by profitability but also by the need to ensure stable supply, including naphtha, a key feedstock for petrochemical production.

Naphtha prices have surged to about $1,009 per ton, roughly double the level seen a year earlier.

Refiners said maintaining high operating rates will also support petrochemical companies by ensuring a steady supply of raw materials.

SK Energy said it will continue operating at full capacity while complying with the government’s oil price cap policy. Authorities are monitoring refinery inventories and shipments in real time through a joint task force.

S-Oil and HD Hyundai Oilbank are also prioritizing domestic supply in line with government measures limiting exports of gasoline and diesel.

Industry sources said other refiners may follow GS Caltex in adjusting maintenance schedules, as shutting down facilities during a period of elevated margins would reduce efficiency.

Analysts said refiners are seeking to balance strong earnings with their role in preventing a domestic fuel crisis as geopolitical tensions persist.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260317010005107

A MAJOR airline in Europe has cancelled 1,000 flights next month due to soaring fuel costs caused by the Iran crisis.

Scandinavian Airlines System (SAS) is the second airline to do so, following Air New Zealand.

While the majority will be shorter domestic routes, some other longer routes could also be affected.

The main flights affected are across Norway, Sweden and Denmark.

In a statement, the airline said: “Given the ongoing situation in the Middle East, including the sharp and sudden increase in global fuel prices, we are taking measures to strengthen our resilience.”

“One such measure is a limited number of short-term flight cancellations.”

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SAS CEO ​Anko van ⁠der Werff told local media: “The price of jet fuel has doubled in ten days. ‌

“Even ⁠if we try to absorb cost hikes as far as we can this is a shock that strikes directly at the aviation industry.”

He confirmed hundreds of flights have already been cancelled this month, although urged that it was a fraction of their usual 800 flights a day.

He added: “We are cancelling a few hundred flights in March, but trying to protect our traffic as much as possible.”

More are expected to be affected after the Easter holidays.

The airline has also confirmed that they have increased flight prices, one of the first to do so in response to the conflict and alongside Qantas and Cathay Pacific.

SAS is the first major airline in Europe to axe flights because of of the cost of fuel going up.

This has been caused by the Iran conflict, with fears of it continuing due to the closure of the Strait of Hormuz, a major shipping route.

Earlier this month, Air New Zealand also confirmed they would be cancelling flights due to fuel costs.

The airline’s chief executive of Nikhil Ravishankar said the five per cent reduction in flights would last until May.

This works out to around 44,000 passengers, with the majority of services affected being short haul and domestic.

Most UK airlines are not currently affected due to a process called ‘hedging’ where they pay a set price for oil.

IAG – who owns British Airways – confirmed that 80 per cent of fuel was hedged for month.

Ryanair echoed this, saying that 84 per cent was hedged for the current quarter.

However, they could still be affected if the Iran conflict continues.

Before the conflict, prices were around $90 (£67) per barrel. This has now increased to as much as $200 (£149) per barrel.

We’ve explained what the Iran crisis means for your holiday.

And here are the European destinations booming in demand due to the ongoing conflict.

Just like regular consumers at the gas station, airlines refueling in Los Angeles are being forced to adjust to higher prices at the pump.

Jet fuel prices have shot up, and experts say airfares are following suit.

With a busy summer travel season approaching, airlines are starting to pass the costs on to passengers through higher fares and fees.

“Whenever there’s a surge in oil prices, the airlines end up passing that to the consumers immediately,” said Diego Bufquin, director of hospitality management and entrepreneurship at Tulane University. “It doesn’t take a long time.”

Airlines have been struggling around the world since the U.S. and Israel began bombing Iran late last month. Flights have to take longer paths around war zones, and higher fuel costs eat into their already razor-thin profit margins.

Jet fuel prices account for about a third of airlines’ operating costs, so they “cannot afford to wait to upcharge their customers,” Bufquin said.

United Airlines Chief Executive Scott Kirby told CNBC that the spike in fuel prices will have a “meaningful” impact on the airline’s financial results.

Some airlines outside the U.S. have already added fuel surcharges to their ticket fees. Air India announced a phased increase in fuel surcharges on domestic and international routes last week. Hong Kong’s flag carrier Cathay Pacific announced it would charge extra on all fares to cover fuel costs starting Wednesday.

Airlines topping up at LAX and other regional airports are already being hit. Jet fuel prices in Los Angeles have jumped more than 40% since the conflict in the Middle East started.

Just like the price of gas for cars, jet fuel often costs considerably more in California than in other states.

California is largely detached from the rest of the fuel distribution system. With limited pipeline connectivity, it relies more on sea delivery from other states and countries. California also has higher taxes on jet fuel than many other states.

National average gas prices reached $3.71 per gallon on Tuesday, according to AAA. In California, the average Tuesday was $5.52 per gallon.

Still, spring and summer demand is likely to remain strong even if prices rise, said Alan Fyall, an associate dean of the University of Central Florida Rosen College of Hospitality Management.

“Fares are going up, but the demand is still there domestically,” Fyall said. “The only thing that really dampens demand is economic recession.”

Indeed, consumers have been booking earlier than usual to lock in lower prices for their summer travel, airlines said. Delta and American Airlines had some of their strongest-ever single-day sales in March.

“When prices did spike, we saw a spike in demand,” Alaska Airlines Inc. Chief Executive Ben Minicucci said this week, according to Bloomberg. “I think people got this initial, ‘Wow, if this thing is going to go crazy, I better book my fare now before fares go up.’”

Airlines and other industries will face tougher conditions if fuel prices remain high for a prolonged period, he added.

Airfares were already on the rise, according to the Consumer Price Index, which found that the airline fares index rose 1.4% in February compared to last year.

The impact will vary by airline, said Fyall. Many airlines hedge their fuel to negotiate a fixed price, and stock up on fuel while it’s less expensive.

“The airlines that manage their fuel-buying process very well, that hedge very well, tend to be able to offset the price charges quite well,” Fyall said.

Jet fuel prices are even more sensitive to economic forces than auto fuel prices, experts said.

It’s not yet clear if Californians will have to pay significantly higher airfares than their neighbors, but some in-state flight routes could become temporarily unavailable, according to Bufquin. As airlines look to save money, they could cut certain shorter, less profitable routes.

“Budget airlines like Spirit and flights from smaller California hubs like Burbank, San José and Fresno are at risk of being canceled,” Bufquin said.

Tourism consultant David Evans has warned that the cost of flying is likely to rise sharply

A travel expert has advised folks to snap up flights now in anticipation of a predicted ‘surge’ in airfare costs. Tourism consultant David Evans revealed that aviation fuel prices have rocketed by 70 per cent in the wake of the US-Israeli strikes on Iran.

Speaking on BBC Radio 5 Live, he suggested that this could soon make flying considerably pricier. This situation is likely to be compounded by the financial strain many airlines are under due to the cancellation of numerous flights amid the unrest in the Middle East.

When asked by host Rachel Burden whether people should book now before flight prices soar, Mr Evans responded: “If you can get a flight that you feel is offering you a really good value-for-money price and it is via somewhere like Singapore (then yes).

“It’s also worth bearing in mind that, once all this blows over, which hopefully won’t be too far off, the Middle Eastern airlines will undoubtedly be introducing some attractive fares into the market to try and recoup the demand they’ve lost over the past few weeks.

“According to the data we’ve seen, the cost of jet fuel has risen by about 70 per cent. Fuel accounts for roughly a quarter of an airline’s operating cost, so the maths are pretty straightforward – if the fuel price is climbing that much, it won’t be long before air fares start to rise. If this carries on for many more weeks, travelling is likely to become more expensive.”

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Mr Evans’ remarks follow revelations that holiday-goers are eschewing Easter trips to traditionally favoured destinations such as Cyprus, Turkey, and Dubai, opting instead for western locations like Spain, Italy, and Portugal, as well as the Caribbean and Mauritius. According to Thomas Cook, bookings to Portugal saw a 42 per cent surge in the fortnight leading up to 13 March.

British Airways has axed some Middle East flight routes until June due to ‘airspace instability’, whilst the UAE and Dubai have been compelled to repeatedly shut down both airports and airspace following retaliatory Iranian strikes. Iraqi officials reported that Iranian strikes over the country on Monday (March 16) were the most intense they had seen throughout the entire war.

“I think the announcement from BA is probably good news in that it gives those people who would otherwise have been in complete limbo thinking, ‘crikey, is this situation going to improve or not over the next few months’ – now they know their flight is cancelled, they can either rebook on a different route or they can get a refund and use the money to either holiday domestically or to go to a different destination, so at least it provides certainty,” Mr Evans added.

“I guess we could say that the 2020s have been a bingo card of doom and this is the square for 2026, but it is also worth saying that the tourism industry and indeed tourists are incredibly resilient.

“Yes, clearly many people are being disrupted if they had either to or from the UK to or via the Middle East, but there are lots of other destinations that are still open for business and lots of other visitors able to get to the UK very easily.”

March 13 (Asia Today) — South Korean President Lee Jae-myung on Thursday urged citizens to report gas stations that violate the government’s newly introduced fuel price cap, saying public monitoring is necessary to prevent price gouging.

Lee posted a message on the social media platform X on the first day of the petroleum price cap system, asking citizens to report any gas stations charging excessive prices.

“Fuel prices are stabilizing, right? If you see price gouging, please report it,” Lee wrote.

The president also shared a map showing gasoline prices at gas stations in the Siheung area of Gyeonggi Province. The prices ranged from the 1,700 won to 1,900 won range per liter.

The government began enforcing the price cap at midnight Thursday.

Under the measure, refiners’ supply price for regular gasoline is capped at 1,724 won per liter, or about $1.29. The cap for automotive diesel is 1,713 won, about $1.28, and for kerosene 1,320 won, about $0.99.

Lee’s public posting of gas station prices was widely interpreted as a signal that the presidential office is closely monitoring fuel prices.

About 90 minutes before sharing the map, Lee posted another message warning companies against violating the policy.

“Starting today we are fully implementing the petroleum price cap system,” he wrote.

“To stabilize domestic fuel prices amid volatile international conditions, we have set clear upper limits on supply prices.”

Lee also called for citizen participation in monitoring the market.

“If you discover any gas station violating the price cap, please report it immediately,” he wrote. “Public vigilance is necessary to prevent businesses from taking advantage of the situation to earn excessive profits.”

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260313010003999

A SURGE in fuel prices due to the Middle East conflict has resulted in a major airline axing five per cent of its flights.

Air New Zealand announced that it will be cutting back on flights over the next two months.

Chief Executive of Air New Zealand Nikhil Ravishankar said the airline would see roughly a five per cent reduction in its services.

And that this would continue until the beginning of May 2026.

This reduction equates to around 1,100 flights which in turn will affect 44,000 passengers out of its 1.9million.

Talking to 1News Nikhil Ravishankar explained: “We’re focused on consolidating flights that are off-peak flying hours, for example, or where there is an alternative that we can re-accommodate customers.”

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He later added that the, “interventions we’re putting in place are not only reasonable, but are what all airlines around the world are doing”.

Air New Zealand said that most of the passengers affected would be moved onto other flights.

The airline has not provided a list of affected flights, but some officials in New Zealand have revealed domestic routes have been altered.

Mayor Nadine Taylor said that Air New Zealand intends to reduce its routes from Marlborough to Wellington, with Auckland and Christchurch flights also affected

The airline detailed that fewer long-haul flights would be cut.

MR Ravishankar said: “People want to get to Europe still, and ​over the US airspace we can get them into Europe, and that’s what we’re focused on doing.”

The announcement comes shortly after Air New Zealand increased its prices in response to the rising cost of fuel.

Domestic flights were going up by $10 (£4.37) one way, short haul by $20 (£8.74), and long haul $90 (£39.35).

Due to the ongoing US-Iran conflict, the cost of jet fuel has risen significantly.

Before the conflict, prices were around $90 (£67) per barrel and have since increased to as much as $200 (£149) per barrel.

As a result, it’s not just Air New Zealand that has increased its ticket prices – other airlines like Qantas and Scandinavia’s SAS have done the same.

However, some airlines like Ryanair, easyJet, British Airways and Virgin Atlantic, are less affected because they have secured some of their fuel at fixed prices for a set amount of time.

Ryanair boss Michael O’Leary said the rise in jet fuel “won’t affect our costs and it won’t affect ​our low fares”.

It’s not just flights that are affected. Places like the Balearic and Canary Islands are warning of a rise in the cost of food and drink.

And here’s why you should book a holiday now, as Iran crisis makes it more expensive.

YOUR holiday sangria or paella could be much more expensive on your next trip to the Spanish islands.

Officials have said that destinations like the Canaries and Balearics will experience a price hike when it comes to food and drink because of the ongoing conflict in the Middle East.

The Spanish islands are incredibly popular with Brits, especially during the summer holidays.

The Canary Islands welcomes up to six million British tourists each year and it’s where you’ll find the likes of Tenerife and Lanzarote.

Meanwhile, around three million tourists visit the Balearics – with over two million heading to Majorca alone.

Both locations are popular thanks to their high temperatures and direct flights from multiple locations across the UK.

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Now, industry chiefs have said the increase in cost of food and drink at these destinations will be worse than 2022 when prices shot up after the war in the Ukraine began.

Urgent meetings are already being held in the Balearic Islands and in the Canaries which are very dependent on imports due to their more isolated locations.

In July 2022, inflation climbed to 10.8 per cent in Spain.

President of the Association of Food and Beverage Distributors of the Balearic Islands, Mr Bartolomé Servera is warning of severe increases, which will depend on the duration of the crisis in Iran.

Mr Servera said the new impact will be much greater if the conflict is prolonged as the weight of the Middle East is much greater, especially through the Strait of Hormuz, through which 20 per cent of oil and gas pass.

Mr Servera says carriers have already begun to raise prices because the price of fuel has skyrocketed.

Diesel has risen by 32 cents per litre, around 22 per cent; while Gasoline 95 has become between 18 and 20 cents per litre more expensive, which represents 12 per cent.

In addition, it is not ruled out that the barrel of Brent will continue to rise: this Wednesday (March 11) it is around 90 dollars, but this past Monday (March 9) it was close to 120 dollars.

This is likely to then effect everything on the island from hotels and resorts.

The association president said “Milk, eggs, bread, fruit will rise.

“Everything needs fuel for its production or transport, so they will not escape the escalation of costs and producers will have to pass them on to consumers.”

The Canary Islands also fear soaring prices and will meet with transport leaders shortly.

President of the Cabildo de La Gomera, Casimiro Curbelo said official need to be monitoring the impact of the war on the islands and prepare contingency plans.

The Government of the Canary Islands says it is “very attentive” to the consequences of the war in the Middle East and plans to hold a meeting with the transport sector in the coming days in view of the increase in fuel prices.

Faced with this situation, the Government of Spain is working on an aid package, as it did at the beginning of the war in Ukraine, to alleviate the looming rise in prices.

For more on Majorca, here are the hidden gems on the island loved by locals.

And one writer who has visited 100 countries explains why he always goes back to these Spanish islands that Brits love and have the best food and beaches.

The Bahraini interior ministry released footage of a massive blaze at a fuel storage facility following an Iranian attack. Bahrain hosts the US Navy’s Fifth Fleet and has been consistently targeted amid the US-Israeli initiated war.

The war involving Iran, United States and Israel is increasingly affecting energy supplies far beyond the Middle East, with Bangladesh now scrambling to secure fuel imports after disruptions to regional shipping routes.

Bangladeshi officials say the country has begun receiving diesel shipments from suppliers including China and India, allowing authorities to secure enough fuel to meet roughly one month of national demand. Arrangements are also being made to secure supplies for an additional month.

The South Asian nation of about 175 million people depends heavily on imported energy, with roughly 95% of its fuel requirements sourced from abroad. The disruption of Middle Eastern oil flows following the war has therefore exposed Bangladesh to severe supply risks.

Fuel Rationing and Economic Disruptions

To manage the supply shortage, authorities have introduced emergency measures including fuel rationing for vehicles, restrictions on diesel sales and the temporary closure of universities.

Energy shortages are also affecting Bangladesh’s critical export industries. The country is the world’s second-largest clothing exporter after China, and many garment factories rely on diesel-powered generators during power outages.

Industry leaders say the situation has worsened since the conflict began in late February. Power cuts have doubled to as much as five hours per day, forcing factories to rely more heavily on backup generators.

Mahmud Hasan Khan, president of the Bangladesh Garment Manufacturers and Exporters Association, said many companies are struggling to obtain sufficient diesel to keep their operations running during electricity outages.

The shortages threaten to disrupt production in one of Bangladesh’s most important economic sectors, which accounts for the majority of the country’s export earnings.

Emergency Diesel Shipments Arrive

To stabilise supplies, the state-run Bangladesh Petroleum Corporation (BPC) has arranged diesel shipments from international traders.

Energy officials say around 60,000 metric tons of diesel are currently being delivered by three trading companies, with another 90,000 metric tons expected to arrive later this month.

A cargo of approximately 27,000 metric tons from PetroChina has already arrived at Chittagong Port, while another shipment of roughly 28,000 metric tons from Vitol is waiting at the port’s outer anchorage.

Additional supplies are also arriving through a cross-border pipeline from India’s Numaligarh Refinery, which is currently providing about 5,000 metric tons of diesel. Officials said negotiations are underway to secure a further 30,000 metric tons from Indian Oil Corporation.

Bangladesh typically consumes about 380,000 metric tons of diesel each month. However, officials estimate that rationing measures have reduced current demand to around 270,000 metric tons per month.

Oil Imports Threatened by Hormuz Disruptions

While refined diesel cargoes have continued to arrive, Bangladesh faces greater risks in securing crude oil shipments for its domestic refineries.

The country imports about 1.4 million metric tons of crude oil annually under long-term supply agreements with Saudi Aramco and Abu Dhabi National Oil Company.

However, shipments from these suppliers must travel through the strategically vital Strait of Hormuz, which has been heavily disrupted by the war. Officials say at least one cargo of around 100,000 tons from Saudi Aramco has already been delayed in the Gulf due to the ongoing crisis.

The Strait of Hormuz is one of the world’s most important energy transit routes, and any prolonged disruption could have far-reaching consequences for countries heavily dependent on imported fuel.

Gas Shortages Add to Energy Crisis

Bangladesh’s energy difficulties extend beyond diesel shortages. Severe natural gas shortages have already forced the closure of four of the country’s five state-run fertiliser factories.

Authorities have redirected the available gas supply toward electricity generation in an effort to stabilise power production during the crisis.

The combination of diesel shortages, disrupted oil imports and limited gas supplies is placing growing pressure on Bangladesh’s energy system at a time when global fuel markets are already experiencing heightened volatility.

Analysis: Energy Dependence Exposes Economic Vulnerability

Bangladesh’s struggle to secure diesel supplies illustrates how the war involving Iran is affecting energy-importing economies far beyond the immediate conflict zone.

Countries that rely heavily on imported fuel are particularly vulnerable to disruptions in global energy shipping routes, especially those linked to the Strait of Hormuz. Even temporary interruptions can lead to fuel shortages, higher prices and broader economic disruption.

For Bangladesh, the situation highlights the structural risks created by its dependence on imported energy. Industries such as garments, which rely on stable electricity supplies and backup diesel generators, are especially exposed to supply shocks.

Although emergency shipments from China and India have temporarily stabilised supplies, the situation remains fragile. If the conflict in the Middle East continues to disrupt oil shipments or drive up prices, Bangladesh could face prolonged energy shortages with significant implications for its economy and export industries.

With information from Reuters.