Dhaka, March 3 -- The Bangladesh government has begun evaluating alternative energy sources following Iran's closure of the Strait of Hormuz, a critical maritime artery for the country's fuel and liquefied natural gas (LNG) imports.

The closure, announced on the second day of the conflict involving Iran, the US, and Israel, triggered a 10 percent surge in global oil prices.

State agencies -- Petrobangla and Bangladesh Petroleum Corporation (BPC) -- are now scrutinising supply pipelines as industry leaders express concern over potential economic shocks.

While shipping and trade officials noted that most non-fuel export-import routes do not rely on this specific passage, the impact on energy is direct.

Most of Bangladesh's crude oil and...