Bangladesh has appealed to the U.S. for permission to purchase Russian oil due to supply shortages and a sharp rise in prices, which is putting pressure on the country’s economy, Finance Minister Amir Hosru Mahmud Chowdhury said during a meeting with the U.S. ambassador.
Source: Bukvy
The U.S. imposed sanctions on Russian oil after Russia’s full-scale invasion of Ukraine. Bangladesh relies heavily on fuel imports from the Middle East, and due to the shortage, the government has rationed fuel for vehicles, closed fertilizer plants, and even universities to reduce energy consumption and ensure uninterrupted supply to power plants.
Additionally, the country is seeking fuel from alternative sources: India has already delivered 5,000 tons of diesel as emergency aid via a cross-border pipeline. Bangladesh has requested New Delhi to increase supply volumes.
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