Fuel markets across the country have remained volatile since mid-Ramadan amid the ongoing Iran war, with long queues reported at petrol pumps. In response, the government introduced a fuel rationing system, which was later lifted a few days before Eid in anticipation that supply would stabilize during and after the holiday.
However, transport operators continue to struggle to secure adequate fuel. The Bangladesh Petrol Pump Owners Association has also warned that, due to supply shortages and security concerns, there is a risk that petrol pumps nationwide could shut down at any time.
In this situation, Minister for Power, Energy and Mineral Resources Iqbal Hasan Mahmud Tuku has addressed the issue, stating that a temporary two-day suspension of fuel supply has put pressure on the system. He urged the public not to be panicked, assuring that the situation is being managed.
Speaking to several media outlets at his residence on Monday, the minister said that oil imports have increased by five percent compared to the previous year despite ongoing subsidies, assuring that fuel supply would remain available to all.
He noted that the current pressure in the fuel market does not signal a long-term crisis, describing it instead as a temporary situation driven by the approaching Eid.
“There is no shortage of fuel in the country, and supply remains uninterrupted,” he said, adding that the government is closely monitoring the situation and has directed the relevant authorities to ensure market stability.