Bangladesh has increased fuel prices for the second time in six weeks, reflecting ongoing challenges in the energy sector. The country relies heavily on imports for its fuel needs, sourcing approximately 95 percent of its requirements, primarily from the Middle East. This latest price hike is part of a broader trend as global fuel prices fluctuate, impacting the local economy and consumers. The government has not provided specific details on the reasons behind the increase or its anticipated effects on the market.
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