Dhaka, June 7 -- A parliamentary special committee has proposed expanding strategic fuel reserves to cover a minimum of three months of demand, while urging diversified import sources and stronger measures to curb hoarding and smuggling.

The committee's chief Energy Minister Iqbal Hassan Mahmood presented the report on the opening day of the FY2026-27 budget session in parliament on Sunday.

The report, titled Actions Required to Mitigate the Recent Fuel Situation, outlines strategies to safeguard national energy security.

The report said recent pressure on the country's fuel supply system was driven by rising international oil prices, conflict in West Asia, disruptions in shipping through the Strait of Hormuz, global supply chain insta...