Bangladesh’s Minister of Power, Energy and Mineral Resources, Iqbal Hasan Mahmud Tuku, said a sudden surge in oil demand has caused a temporary shortage in the country. Speaking to reporters at the Secretariat on Tuesday morning, the first working day after the Eid holidays, he assured that there is adequate oil stock nationwide.
The minister urged citizens not to purchase oil beyond their immediate needs, emphasizing that supply will remain stable if people avoid unnecessary hoarding. He also noted that the Energy Regulatory Commission is responsible for reviewing fuel prices, but the government has not yet increased oil prices.
According to the minister, there is no reason for public concern as everyone will receive oil as needed, and the government is monitoring the situation to maintain regular supply.