Bangladesh eyes cheap Russian fuel oil to lower import bills

Dhaka wary of antagonizing West but desperate to ease inflation, forex pressure

20220826 bangladesh fuel

Bangladesh, where consumers are feeling the pain at the pump, is looking for cheaper fuel options. (Photo by Shahru Nayef)

SYFUL ISLAM, Contributing writer

DHAKA -- Bangladesh is weighing an offer to import cheap Russian fuel oil despite concerns about antagonizing the West, as the South Asian nation attempts to preserve dwindling foreign currency reserves and shore up its shaky economy.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.