The government of Bangladesh has decided to purchase 260,000 metric tons of fuel oil to strengthen the country’s energy security. The decision was approved on Tuesday, March 31, 2026, during a meeting of the Cabinet Committee on Government Purchase.

According to meeting sources, the Energy and Mineral Resources Division proposed the purchase in response to the unstable geopolitical situation following the Iran–United States–Israel conflict. The committee approved the direct international purchase of 100,000 metric tons of crude oil from Abir Trade and Global Markets, 100,000 metric tons of EN590-10 PPM sulfur standard diesel from Exxon Mobil Kazakhstan Inc. (EMKI), and 60,000 metric tons of gas oil (0.5% sulfur diesel) from Indonesia’s PT Bumi Siak Pusako Japin (BSP Japin) under a government-to-government arrangement.

The approved purchases aim to meet emergency fuel demand and maintain stability in the domestic energy supply amid global market volatility.