Tag: global oil prices

Hormuz Strait Reopening Plan Faces Questions as Iran Signals Possible Maritime Service Charges

Hormuz Strait Reopening Plan Faces Questions as Iran Signals Possible Maritime Service Charges

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A newly signed preliminary agreement between the United States and Iran has raised fresh questions about the future of maritime traffic through the Strait of Hormuz, one of the world’s most strategically important shipping routes. On Sunday, US President Donald Trump, Vice President JD Vance, and Iranian Parliament Speaker Mohammad Bagher Ghalibaf electronically signed a […]

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Bangladesh raises fuel prices again as energy strain deepens amid global pressure

Bangladesh raises fuel prices again as energy strain deepens amid global pressure

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Bangladesh has increased fuel prices for the second time in just six weeks, reflecting ongoing financial stress linked to global energy disruptions and rising import costs driven by geopolitical tensions in the Middle East. The government, which relies on imports for around 95 percent of its fuel supply—mostly sourced from the Middle East—adjusted prices in […]

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