Bangladesh’s economy is increasingly pressured by global energy market volatility and internal structural weaknesses, according to experts speaking at a webinar titled “Economy Trapped in Energy Crisis,” organized by the Power and Participation Research Centre (PPRC) on Saturday. Participants said rising fuel prices, a prolonged dollar shortage, and import dependence are affecting production, agriculture, transport, and daily life. They questioned whether the situation is a temporary shock or a sign of a deeper energy trap.

Speakers including former energy secretary A.K.M. Zafar Ullah Khan, former Bangladesh Agricultural University vice-chancellor Sattar Mandal, and industry leaders discussed the severity of the crisis and possible solutions. They noted that supply constraints, panic buying, and limited storage capacity have worsened the situation. Khan emphasized the need for uninterrupted supply despite price fluctuations, while Mandal highlighted growing diesel demand in agriculture. Trade Services International chairman Syed Mahmudul Haque warned of rising national financial pressure from global oil price hikes.

Participants suggested expanding renewable energy use and accelerating gas exploration. PPRC executive chairman Hossain Zillur Rahman cautioned that bureaucratic delays could hinder timely policy action.