The South Asian nation is one of the largest debtors to the IMF after Argentina and Ukraine

Here are the latest economic events in the Middle East war

Oil prices climbed, with the Brent international benchmark rising 4.2 percent to $112.57

Around a fifth of global crude oil and liquefied natural gas passes through the waterway in peacetime

Oil prices rose and equities were mixed Thursday as investors tracked mixed developments in the war

Trump on Wednesday threatened to "unleash hell" if Iran did not strike a deal,

Each bhori of gold costs Tk 2.41 lakh today, down from around Tk 2.77 lakh on March 3

Countries across Asia are weighing up work-from-home policies and stimulus measures enforced during the Covid pandemic, as they scramble to respond to global fuel shortages triggered by the Iran war.

The Western allies trying to negotiate a way to protect the Strait of Hormuz for energy shipping face a stark reality: a similar effort in the Red Sea that started years earlier cost billions of dollars and ultimately failed against Yemen's Houthis

The Bangladesh Association of Pharmaceutical Industries (BAPI) will organise two expos from March 29-31

Bangladesh is not directly involved in the Iran conflict, but its effects are already visible—from Dhaka’s upscale areas to rural petrol pumps.

In a bid to secure supply, the government has confirmed the purchase of seven LNG cargoes from the spot market since the beginning of the US-Israel war on Iran

Iran continues to halt almost all shipping through the Strait of Hormuz, the chokepoint that carries about 20 percent of global oil and liquefied natural gas supplies.

US ​national average retail gasoline prices have climbed about ​84 ⁠cents a gallon since the US and Israel attacked Iran

Brent dipped 0.8 percent, though it was still holding above $102

The new US investigations do not, in themselves, raise tariffs, but they are a reminder that Dhaka remains vulnerable to legal and political trade pressure despite the recent bilateral agreement.

The crisis has forced the cancellation of over 600 Middle East-bound flights from Bangladesh

Oil loading at the UAE's port of Fujairah was at least partly halted on Tuesday

Economists have warned that surging diesel prices could slow global economic activity

The advances pared some of the previous day's sharp losses that came after the head of the IEA said more stockpiles could be tapped if needed