, March 25 -- Information and Broadcasting Minister Zahir Uddin Swapan on Wednesday said there is no fuel shortage in the country and urged people not to engage in panic buying or hoarding amid global uncertainties.

"Global developments, particularly disruptions linked to fuel supply routes such as the Strait of Hormuz, have impacted many regions, including South Asia," he said.

Despite the global situation, the minister said the government has not taken any decision to increase fuel prices and that domestic prices remain lower compared to neighbouring countries.

Swapan came up with the remarks at a press briefing at the Secretariat, highlighting the current power and energy situation.

"A cabinet committee led by the finance minister ...