Bangladesh hikes fuel prices as economic concerns mount
The country is facing a myriad of difficulties as the war in the Middle East remains unresolved, with the IMF watching closely.
May 01, 2026
The recent decision by OPEC to reduce oil production has crystallized the growing influence of geopolitics on crude oil supplies. Despite strong pressure from the Bush administration on OPEC to delay its planned production cut, the position of Saudi Arabia, to reduce supplies, prevailed.
