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Iran war disruptions spark higher costs and lost income in Bangladesh
Fuel shortages linked to the Iran war have cut drivers’ earnings and lifted costs for factories, officials and business leaders said.
- On Tuesday, April 23, 2026, ride-share driver Tariqul Islam waited in a long fuel queue in Dhaka, Bangladesh, as supply disruptions linked to the war in Iran ripple through the nation. Authorities have imposed austerity measures to manage the crisis.
- Disruptions near the Strait of Hormuz threaten a chokepoint for about a fifth of global oil trade, rattling economies across Asia. The Asian Development Bank warned that war-driven energy disruptions would slow regional economies and fuel inflation.
- Bangladesh's $39 billion garment sector faces significant setbacks, with factory output dropping 30% to 40% amid power cuts. Anwar-Ul Alam Chowdhury, president of the Bangladesh Chamber of Industries, said business costs have surged by about 35% to 40%.
- Garment worker Mosammet Runa, 35, fears the conflict could wipe out jobs for the 4 million people depending on the industry. "Millions of people like us depend on this industry," Runa said, noting her family of six survives on about $400 monthly.
- The Asian Development Bank now expects Bangladesh's growth to slow to 4.7% in 2026, with inflation rising to 5.2%. Authorities have already diverted gas to power plants, restricted shopping hours, and introduced fuel rationing to manage the ongoing crisis.
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Total News Sources29
Leaning Left9Leaning Right4Center11Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 37%
C 46%
R 17%
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