As of early April 2026, Bangladesh has imposed fuel rationing for vehicles due to declining fuel reserves, a situation exacerbated by the ongoing US-Iran war. The conflict has significantly impacted oil production, leading to a crisis that has forced countries in Asia and Europe to consider similar measures.

On March 4, 2026, reports indicated that Bangladesh’s diesel reserves had fallen to 115,473 tonnes, sufficient for only about nine days of demand. Additionally, the stock of octane in the country had decreased to 28,152 tonnes, enough to cover nearly two weeks of consumption. Despite these alarming figures, Bangladesh’s energy minister, Iqbal Hasan Mahmud Tuku, claimed, “Let me state clearly, there is no fuel shortage in Bangladesh at this moment. In fact, we have increased supply compared to last year.” This assertion contrasts sharply with the experiences of citizens and fuel suppliers.

Fuel rationing has also been adopted by Indonesia, which has capped daily fuel purchases at 50 liters per car. Slovenia followed suit, becoming the first European country to implement similar restrictions. The cumulative oil production losses from the US-Israel war against Iran reached 133 million barrels by mid-March 2026, prompting the European Union’s energy commissioner to acknowledge that fuel rations are being considered as an option to manage energy demand.

Bangladesh, which relies on imports for approximately 95 percent of its energy needs, is seeking more than $2.5 billion in external financing to support fuel and LNG imports. An unnamed official in the Rahman government expressed concern, stating, “The situation is dire. The spot buying is drying up our coffers, but the government can’t help it. We have reserves for less than 10 days.” This sentiment reflects the growing anxiety among citizens and businesses alike.

Experts warn that if the Middle East crisis persists, companies will either have to buy fuel at elevated prices or ration gas and fuel supplies. Miznur Rahman Ratan, joint convenor of Bangladesh Petrol Pump Owners’ Association, described the chaos at fuel pumps, saying, “There is so much chaos at pumps, our workers are getting assaulted by the angry customers who have been forced to return without octane or petrol.”

Details remain unconfirmed regarding the exact duration of the fuel crisis in Bangladesh and the long-term impact of the US-Iran war on global oil supply. The situation remains fluid, with potential implications for energy security across Asia and Europe.

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