Fuel Shortages and Unrest Grip Asia Amid Middle East Conflict and Soaring Oil Prices

Key Points

• The ongoing Middle East conflict has caused a sharp rise in oil prices, exceeding $100 per barrel for the first time since 2022.
• Bangladesh is experiencing severe fuel shortages, leading to long queues, rationing, deployment of soldiers, and incidents of violence.
• Other Asian countries like Vietnam, Philippines, Pakistan, Sri Lanka, and Myanmar are also facing fuel supply challenges, with shortages and rising prices.
• Some countries such as Japan, Indonesia, China, India, and Afghanistan have not yet faced a widespread fuel crisis.