Fuel prices to be reduced as soon as they come down in international market: State Minister for Energy
Dhaka, June 1 -- State Minister for Power, Energy and Mineral Resources Anindya Islam Amit on Monday said the government would reduce fuel prices in the domestic market as soon as international prices decline, ensuring that consumers benefit from lower global rates.
"The recent adjustment in fuel prices was necessitated by developments in the international market and the ongoing tensions in the Middle East," he said Speaking to reporters at the Secretariat.
He said Bangladesh follows a monthly fuel price adjustment mechanism.
However, no changes were made in May as prices had already been adjusted in April.
The latest revision was made in response to fluctuations in global oil prices and evolving international circumstances.
"The gov...
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