Dhaka, March 10 -- The government has ruled out any energy price hike amid the Middle East conflict, which has triggered fears of shortages and sparked panic buying at filling stations nationwide.

State Minister for Power, Energy and Mineral Resources Anindya Islam Amit also reassured the public that Bangladesh faces no immediate shortage of energy or electricity.

He made the remarks on Tuesday at the Secretariat, saying despite the upward trend in the global market, the government is not currently considering a hike in energy or power prices.

The minister attributed the long queues at petrol pumps to "panic buying" and public anxiety rather than an actual deficit.

He noted that even though the government supplied two to three times t...