Oil prices surged on Tuesday after the United States launched a fresh wave of strikes on Iran and President Donald Trump vowed to reimpose a naval blockade.
International benchmark Brent North Sea crude climbed 5.1 percent to $87.51 a barrel, while the main US benchmark, West Texas Intermediate, advanced 3.9 percent to $81.21 a barrel.

Bangladesh will adopt April-March as its new fiscal year from 2028-29, while the 2027-28 fiscal year will be shortened to nine months, ending in March, after the Cabinet approved a Finance Division proposal at a meeting on Monday at the Secretariat in Dhaka. The meeting was chaired by Prime Minister
17 hours ago
Gas and electricity shortages intensified across Bangladesh on Wednesday, leaving household gas stoves largely unusable for much of the day in Dhaka and other parts of the country, while load shedding expanded nationwide. Rural areas were hit hardest, with outages lasting up to 10 to 15 hours, disru
5 days ago
Bangladesh suffered an estimated economic loss of $1.3 billion to $1.8 billion in 2024 because extreme heat reduced labour productivity, according to a new World Bank report. The loss is equivalent to about 0.3% to 0.4% of the country’s GDP, with damages rising sharply once daytime temperatures exce
19 days ago
US-Bangla Airlines has announced a major investment in Bangladesh’s private aviation sector, unveiling plans to add 21 new Boeing aircraft to its fleet at a cost of nearly $1.5 billion by 2027. The airline also outlined a broader plan to transform US-Bangla into a full global aviation group by expan
19 days ago