Skip to content
Back to Guavy Wire
Commodities

Energy Crisis Hits Bangladesh and Pakistan

Instruments
Oil
Share

The global energy crisis has taken a toll on Bangladesh and Pakistan, with gas shortages disrupting daily life in both countries.

In Dhaka, Parvin Akter times her cooking to the neighborhood's availability of piped gas. With gas in intermittent supply, she sometimes waits until midnight to cook dinner, even after switching to an induction cooker. The power outages often leave food half-cooked.

Pakistan has introduced a fuel subsidy to ease the sharp rise in fuel prices, but it's not working smoothly. Vehicle owners have to register for the subsidy, and Mohammad Musharraf, a resident of Karachi, says he spent days trying to register his motorcycle with his ID card number.

The energy crunch is driven by attacks on Iran over six months ago, which led to the disruption of oil and gas exports through the Strait of Hormuz. Fighting between Saudi Arabia and the Iran-backed Houthis also imperils trade through the Red Sea.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc