Bangladesh, April 10 -- The announcement of a ceasefire in the catastrophic "war of choice" that unfolded in West Asia over the last six weeks obviously comes as a relief to many, not least to those of us in Bangladesh. Being familiar with the burden that comes from being a net energy importer on the international market with a weak currency and volatile forex reserves, policymakers in Bangladesh will be particularly relieved, given some of the dire forecasts of a looming energy crisis in the country that had started to emerge, in the event of a prolonged war.

For now, even this fragile ceasefire brokered by Pakistan at least lifts the sense of doom surrounding such projections. Although reports suggest the panic buying witnessed at fil...