Bangladesh Petroleum Corporation (BPC) has failed to comply with the National Energy Policy’s requirement to maintain a 60-day fuel reserve, despite having the capacity to do so since 2020. The policy, adopted in 2004, mandates strategic reserves for emergencies, but BPC has continued to operate with only 25 to 30 days of supply. The shortfall became critical after the closure of the Hormuz Strait in early March, following U.S.-Israel attacks on Iran, which disrupted global oil shipments and triggered a severe fuel shortage in Bangladesh.

According to official data, BPC’s combined storage capacity across its depots, Eastern Refinery, and the Single Point Mooring project exceeds 1.58 million metric tons, enough for over 90 days of national demand. However, the corporation has not utilized this capacity fully. The shortage has led to public panic and increased fuel hoarding, while BPC attempts to calm fears by publicizing incoming shipments that carry less than full loads, raising costs and inefficiencies.

Experts attribute the crisis to mismanagement and poor coordination between BPC and the government. The government is now exploring direct purchase options from new suppliers, including Kazakhstan, though supply reliability remains uncertain.

Japan’s Nikkei share index declined on April 9, 2026, as earlier optimism over a potential United States–Iran ceasefire weakened. Investors turned cautious following a strong rally in the previous session. According to market data, the Nikkei fell 0.4 percent to 56,036.75 points at 02:00 GMT, while the broader Topix index dropped 0.5 percent to 3,755.52 points. The decline raised concerns that the market’s four-day upward trend might end.

The previous session had seen the Nikkei jump 5.4 percent to its highest level in more than a month, driven by expectations that the Strait of Hormuz could reopen after Donald Trump agreed to a two-week ceasefire with Iran. Overnight, Nikkei 225 futures traded above 57,000 points on the Chicago Mercantile Exchange, reflecting earlier optimism that has since cooled.

If the current trend continues, Japan’s stock market may see a pause in its recent rally as investors await clearer signals regarding the ceasefire situation.

US crude oil prices rose again after a steep drop triggered by the announcement of a ceasefire between the United States and Iran. On Wednesday, US President Donald Trump declared a two-week ceasefire with Iran, which initially caused oil prices to fall sharply. As the market began to stabilize later, prices recovered moderately.

According to the report, West Texas Intermediate (WTI) crude futures increased by $2.68, or 2.84 percent, reaching $97.09 per barrel at 22:18 GMT. Earlier in the day, global stock markets surged on the ceasefire news, while oil prices dropped nearly 14 percent to around $95 per barrel, at one point falling as low as $90.40.

The report indicates that the oil market showed signs of recovery after the initial reaction to the ceasefire announcement, suggesting a gradual return to stability.

The Bangladesh Coast Guard has initiated a joint operation to prevent artificial shortages and stabilize prices of essential commodities, including fuel and edible oil. The operation began at noon on April 8, 2026, in the outer anchorage of Chattogram, following intelligence reports that some unscrupulous traders were illegally hoarding goods on lighter vessels. Coast Guard media officer Lieutenant Commander Sabbir Alam Sujon confirmed the operation.

According to the Coast Guard, the operation is being conducted in coordination with the Bangladesh Navy, the Department of Shipping, and the Chattogram Port Authority. The initiative aims to ensure uninterrupted supply of essential goods and prevent manipulation of the market amid global fuel concerns. The Coast Guard has also intensified security and intelligence surveillance around the port and outer anchorage areas.

Authorities have instructed that no vessel carrying food, fuel, or edible oil may remain anchored for more than 72 hours. The Coast Guard will continue similar operations in the future to maintain market stability and protect public interest.

Islami Andolan Bangladesh has called on the government to take an active role in controlling the country's rising commodity prices. In a statement issued to the media on Wednesday, the party’s secretary general, Principal Hafiz Maulana Yunus Ahmad, said that the abnormal price hikes of essential goods have become a serious burden for low- and middle-income families. Prices of vegetables, poultry, edible oil, sugar, and other daily necessities have sharply increased, forcing many consumers to buy cheaper alternatives or reduce their purchases.

Yunus Ahmad cited specific examples, noting that the price of golden chicken has risen to 400–430 taka per kilogram from 270–300 taka during Ramadan, while beef now sells for 800 taka per kilogram, up from 750–780 taka. He attributed the price surge to syndicates, extortion, and profiteering rather than genuine supply issues. The party demanded that the government strengthen market monitoring, prevent hoarding and syndicate manipulation, and take action against profiteers.

In a separate statement, Islami Andolan leaders from Dhaka South condemned threats allegedly made by U.S. and Israeli leaders against Persian civilization, calling such remarks a violation of global human rights.

The Cabinet Committee on Economic Affairs has granted policy approval for the Bhola Bridge project on the Bhola-Barishal road, to be implemented under a public-private partnership (PPP) model. The decision was made during a meeting held at the National Parliament Building, chaired by Finance Minister Amir Khasru Mahmud Chowdhury. The committee also approved the construction of a bridge over the Meghna River on the Shariatpur-Chandpur road under the same PPP framework.

According to the Ministry of Finance, the Meghna River bridge project will include an 8-kilometer-long four-lane bridge, 8.57 kilometers of approach roads on both sides, and 9.63 kilometers of riverbank protection work. The Bhola Bridge project aims to establish direct road connectivity between Bhola district, Barishal, and Dhaka, featuring a 10.867-kilometer four-lane bridge and 18.075 kilometers of riverbank protection. The estimated construction cost is Tk 17,466.32 crore, with 507.5 acres of land to be acquired and utility relocation costs covered by the government.

The committee also approved proposals to purchase 300,000 tons of diesel from three companies and authorized UNICEF to procure vaccines through both direct purchase and open tender methods.

A mobile court in Feni fined a company named Kabir & Sons Tk 200,000 for illegally storing 50,000 liters of edible oil. The operation was conducted on Wednesday under the initiative of RAB-7, with participation from an executive magistrate, the Directorate of National Consumer Rights Protection, and the Bangladesh Food Safety Authority. The fine amount has been deposited into the government treasury as per regulations.

In a separate drive earlier in the day, the Directorate of National Consumer Rights Protection fined another company, Messrs Haji Nur Ahmed & Sons, Tk 50,000. The operation took place in the Takiya Road area of Feni town as part of regular monitoring activities. Officials from the Food Safety Authority, the Department of Agricultural Marketing, the National Intelligence Agency, and RAB members were present during the raids.

The coordinated enforcement actions reflect ongoing efforts by authorities to curb illegal storage and ensure compliance with food safety and consumer protection laws in the region.

The Cabinet Committee on Economic Affairs has approved the import of an additional 300,000 tons of diesel to address the country's fuel shortage caused by the Iran–United States–Israel conflict. The decision was made at a meeting held on Wednesday at the National Parliament Building, chaired by Finance Minister Amir Khosru Mahmud Chowdhury. The committee approved three separate proposals to purchase 100,000 tons each from Ear Energy AG, K&R International Trading Company, and Messrs Sikder International.

The committee also granted policy approval for vaccine procurement under the EPI program and for bridge construction projects in Chandpur and Bhola. It decided that 50 percent of the vaccines would be purchased directly through UNICEF and the remaining 50 percent through open tender. However, due to delays and quality concerns in open tendering, the committee approved direct procurement of the remaining vaccines through UNICEF for the 2025–26 fiscal year, with an estimated cost of Tk 421.47 crore.

Additionally, the committee approved in principle two major bridge projects under the PPP model: an 8 km bridge over the Meghna River on the Shariatpur–Chandpur road and the Bhola Bridge over the Kalabandar and Tetulia rivers on the Barishal–Bhola road.

British Trade Envoy Baroness Rosie Winterton met Bangladesh’s Minister of Civil Aviation and Tourism Afroza Khanam on Wednesday at the Pan Pacific Sonargaon Hotel in Dhaka. During the meeting, the envoy conveyed the United Kingdom’s interest in participating in ground handling operations at the third terminal of Hazrat Shahjalal International Airport.

According to a ministry press release, both sides emphasized strengthening trade relations between Bangladesh and the United Kingdom. The British envoy assured support for implementing the current government’s election manifesto. The meeting also discussed potential new investments in Bangladesh’s aviation and tourism sectors under a recently signed memorandum of understanding between the two countries. The minister and state minister expressed their commitment to working jointly for the development of these sectors.

The government is currently in discussions with a Japanese company regarding the third terminal’s operations. A Bangladeshi delegation led by Foreign Minister Khalilur Rahman met a Japanese team last Friday, but no final decision has yet been reached.

Bangladesh Bank has warned that ongoing conflict in the Middle East has intensified global oil market volatility, posing potential risks to Bangladesh’s economy. In its quarterly report released Wednesday, the central bank projected that rising oil prices and continued currency depreciation could accelerate domestic inflation and deplete foreign exchange reserves.

According to the analysis, if global oil prices rise by 70 percent in the first quarter of 2026 and by another 30 percent in the second quarter, domestic fuel prices may increase significantly. A sustained five percent depreciation of the exchange rate during the same period could push inflation up by 0.5 to 2 percent by the end of 2026. The report noted that if the government absorbs the global oil price shock through fiscal measures, inflationary pressure could remain moderate.

The report further indicated that higher energy import costs and central bank interventions to stabilize the exchange rate could reduce reserves by about 6.5 billion dollars by December 2026. Bangladesh Bank emphasized the need for policy preparedness, suggesting flexible exchange rates and partial fuel price adjustments to maintain macroeconomic stability.

The Rapid Action Battalion (RAB) has launched a nationwide crackdown to stabilize the edible oil market and prevent manipulation by dishonest stockpilers. Over the past two days, mobile courts led by RAB executive magistrates conducted surprise raids in Dhaka’s Tejgaon, Hazaribagh, Mohammadpur, and Tongi areas, as well as other parts of the country. Authorities identified 114,442 liters of illegally hoarded oil, imposed fines totaling 71,000 taka, and seized 22,642 liters on the spot.

In earlier operations on April 7, RAB-8 fined three businesses in Patuakhali Sadar 11,000 taka, while a special drive in Chattogram uncovered large-scale fraud and hoarding. Officials also seized 1,042 liters of oil that had been bottled without quality certification and labeled with fake company tags. In Nasirabad and Karnaphuli areas, RAB recovered 9,600 and 12,000 liters of illegally stored oil respectively, fining the involved businesses 60,000 taka.

RAB’s media wing stated that the operations aim to stop syndicates from creating artificial shortages and ensure market stability through continued surveillance and enforcement.

Bangladesh’s Minister of Fisheries, Livestock and Agriculture, Mohammad Aminur Rashid, has called for greater scientific involvement in research to enhance jatka (juvenile hilsa) production. Speaking on Wednesday at a workshop titled “Hilsa Research: Achievements, Jatka Conservation and Future Actions” held at the Bangladesh Agricultural Research Council auditorium, he emphasized the need for planned research to maximize jatka production and ensure proper hatching of hilsa eggs. He urged scientists to develop methods that increase production without compromising the fish’s natural taste and quality.

Addressing fishermen, the minister encouraged them to propose effective measures to stop jatka catching, noting that hilsa scarcity affects the entire country. State Minister for Fisheries and Livestock Sultan Salauddin Tuku highlighted that Bangladesh produces 70–80 percent of the world’s hilsa and stressed the importance of protecting this national resource. He also mentioned that 40,000 fishing families have recently begun receiving food assistance, including rice, flour, oil, sugar, lentils, and potatoes, worth about six thousand taka per family.

Senior officials from the Fisheries Research Institute, Department of Fisheries, and Sher-e-Bangla Agricultural University also attended the event, underscoring the government’s coordinated efforts to sustain hilsa production.

Sri Lanka has strengthened its tourism partnership with Bangladesh by successfully organizing a ‘B2B Roadshow and Networking Event’ in Dhaka. The event, held on Monday at a city hotel, was arranged by the Sri Lanka Tourism Promotion Bureau to enhance business ties between tourism stakeholders of both countries. The initiative aims to expand cooperation in tourism promotion and create new opportunities for sustainable tourism and cultural exchange.

Bangladesh Tourism Board CEO Nuzhat Yasmin said the partnership would open new horizons for sustainable tourism and cultural exchange. Sri Lanka’s High Commissioner to Bangladesh, Dharmapala Weerakkody, highlighted the island’s natural beauty and hospitality as key attractions for Bangladeshi travelers. Sri Lanka Tourism Promotion Bureau Chairman Buddika Hewawasam described Sri Lanka as a safe and diverse destination and mentioned ongoing work on special travel packages and joint campaigns with local operators.

Representatives from the Tour Operators Association of Bangladesh and BOATA expressed strong interest in expanding outbound tourism to Sri Lanka. The event concluded with a networking dinner, reaffirming Sri Lanka’s commitment to positioning itself as an affordable and leading destination for Bangladeshi tourists.

National Board of Revenue (NBR) Chairman Abdur Rahman Khan announced that individuals who have taken money abroad can bring it back to Bangladesh without any penalty if they pay regular taxes. He made the statement on Wednesday during a pre-budget discussion with business and entrepreneur associations at the NBR headquarters in Agargaon, Dhaka. The chairman clarified that taxpayers who did not declare foreign-held funds in their returns may submit a revised return within 180 days and pay applicable taxes to regularize the money.

During the meeting, the Real Estate and Housing Association of Bangladesh (REHAB) requested reinstatement of a provision allowing investment of undisclosed income, but the NBR chief rejected the idea of tax amnesty, stating that the authority aims to end the culture of tax evasion and low-rate amnesties. He also discussed simplifying money transfers through legal channels and proposed reforms to property registration taxes to ensure transparency and compliance.

Khan emphasized that increasing revenue is essential for stabilizing the economy and funding government welfare and development programs, as Bangladesh’s revenue-to-GDP ratio remains low.

Bangladesh’s stock market saw a sharp rebound on Wednesday following a dramatic turn in the Middle East conflict. US President Donald Trump announced a two-week ceasefire amid threats against Iran, easing global tension and triggering optimism among investors. The Dhaka Stock Exchange (DSE) responded strongly, with its main index, DSEX, rising by 161 points or 3.12 percent. Trading volume also surged by about 66 percent to Tk 991.59 crore, marking the highest turnover in one and a half months.

Former DSE Brokers Association president Ahmed Rashid Lali told Amader Desh that the ceasefire announcement had a positive impact on the market, as investors hoped it could lead to a lasting resolution. He also noted that despite a new government taking office, the lack of clarity regarding potential changes in the regulatory commission had created uncertainty among investors.

Market data showed that the DSEX climbed from 5,156 to nearly 5,318 points, while the DSE Shariah and DSE-30 indices rose by 2.88 percent and 2.77 percent respectively. Prices increased for 367 listed issues, fell for 15, and remained unchanged for 11.