Bangladesh hikes fuel prices to adjust for import expenses

Summary

Bangladesh has increased fuel prices for octane, diesel, kerosene, and petrol due to rising import costs caused by the Middle East conflict.

Key Points
  • Bangladesh government increased fuel prices effective Sunday.
  • Octane price raised by 20 taka to 140 taka per liter.
  • Diesel and kerosene prices increased to 115 taka and 130 taka per liter respectively.
  • The hike is due to rising import costs linked to the Middle East conflict, explained by Minister Iqbal Hassan Mahmood.
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