Dhaka, May 3 -- "Energy is the lifeline of modern society. Without energy, economic systems collapse and development comes to a halt,"-Daniel Yergin.

The essence of energy permeates every facet of economics and societal life worldwide. Countries require reliable, cost-effective energy sources to drive their economies forward and meet basic necessities. However, when geopolitics enters the equation, all this stability comes crashing down, with consequences for those economies at risk. Bangladesh is a case in point. The economy of Bangladesh has achieved significant progress in a short span of time, despite its extreme vulnerability due to reliance on oil imports. Consequently, it is highly vulnerable to external disturbances, underscoring...