The Fuel Price Domino Effect: Why Pakistan and Bangladesh Should be Worried The US Iran crisis may seem like a distant problem for South Asian economies, but its ripple effects are about to make themselves felt on the continent.
Energy prices worldwide are soaring, and Pakistan and Bangladesh are particularly vulnerable due to their heavy reliance on imported fuel.
These two countries have long been susceptible to fluctuations in global oil markets, with consequences such as inflation, currency devaluation, and strain on public finances.