Sufficient Fuel Stocks Available; No Plans for Price Hike: Energy Minister

Speaking to reporters at his office in the Bangladesh Secretariat on Tuesday, March 24, 2026, the Minister addressed growing concerns regarding energy security following the recent global market volatility.

Minister Tuku acknowledged that a sudden surge in demand had caused temporary localized shortages, but emphasized that there is no cause for alarm. He urged citizens to refrain from panic-buying or hoarding excess fuel, stating, "Everyone will receive fuel according to their needs; please avoid over-purchasing to ensure the supply chain remains stable." He further clarified that while fuel pricing is within the jurisdiction of the Energy Regulatory Commission, the government has not made any decision to raise prices at this stage.

This statement comes as a relief to transport operators and consumers who feared a spillover effect from the ongoing international energy crisis. The Ministry has reportedly increased monitoring of petrol pumps and distribution centers across the country to prevent artificial crises and ensure that the available stocks reach the end-users without interruption. With the government maintaining a firm stance on price stability, the energy sector is expected to remain steady in the coming weeks.