BackECONOMY
Bangladesh raises fuel prices as conflict in West Asia drives up costs
Bangladesh raised retail fuel prices by 10% to 15%, citing a surge in global crude prices and tighter supplies due to the ongoing conflict in West Asia. The new rates set petrol at 135 taka per litre (up from 116), diesel at 115 taka, and kerosene at 130 taka, according to an official notification. The Energy Ministry announced the move on the evening of April 18, 2026, with reporting published on April 19, 2026.
Why It Matters
The price hike could affect transportation costs and consumer inflation, reflecting how regional conflicts influence energy markets and fuel affordability in Bangladesh.
Timeline
1 Event
Energy Ministry announces fuel price hike
April 18, 2026
The Energy Ministry announced a rise in retail fuel prices by 10% to 15%, citing a sharp surge in global crude prices and tightening supplies caused by the ongoing conflict in West Asia. Under the new rates, petrol will be 135 taka per litre (up from 116 taka), diesel 115 taka, and kerosene 130 taka, according to an official notification.