Bangladesh hikes jet fuel prices by 80%

Dhaka has cited volatility in the global market linked to the US-Israel war on Iran as the trigger for the move

Bangladesh has enacted an 80% hike in jet fuel prices, the second upward revision in March, the national regulator announced on Tuesday.

The Bangladesh Energy Regulatory Commission (BERC) cited volatility in global prices amid the Middle East conflict as the reason for the move.

“We had to adjust the jet fuel price for the second time this month...