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Why Bangladesh Cannot Afford to Delay Its Renewable Energy Transition.

Summary by Pressenza
The International Monetary Fund issued a chilling warning that oil and gas prices might rise 100 to 200 percent, respectively, in 2026-2027 if the US-Israel and Iran war continues with the current severe economic fallout. Bangladesh sourced nearly half of its LNG from the Middle East in 2025. The implications are not just abstract projections but an imminent economic crisis. Whenever we see any war, we face that kind of severe crisis. The latest…
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Pressenza broke the news on Friday, May 1, 2026.
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