The escalating conflict between Iran and Israel could have far-reaching consequences for Bangladesh, especially if global oil prices surge. A potential closure of the strategic Strait of Hormuz would severely disrupt global energy supplies and affect Bangladesh’s imports across various sectors. While Bangladesh maintains limited direct trade ties with both Iran and Israel, prolonged instability in the Middle East could impact Bangladesh’s economy in three key areas: energy costs, overseas labor markets, and overall import channels. Notably, Iran has already threatened to block the Strait of Hormuz.