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South Asia Tightens Energy Use as Gulf Conflict Chokes Oil Flows

India will decide on neighbour fuel requests based on domestic supply.

Overview

  • India’s foreign ministry said it has received fuel export requests, including diesel from Bangladesh, and will weigh them against domestic availability.
  • Pakistan lifted petrol to PKR 458.4 per litre in a 43% jump and, after street protests, Prime Minister Shehbaz Sharif cut the price by PKR 80 to PKR 378.
  • To curb demand, Bangladesh shortened office hours to 9 a.m.–4 p.m., ordered shops to close by 6 p.m., banned decorative wedding lighting, limited fuel purchases, and halted fertiliser production.
  • Sri Lanka said it received about 38,000 tonnes of fuel from India and imposed rationing, raised fuel prices by about one-third, lifted electricity tariffs by up to 40%, and restricted street lights, neon signs, and billboards.
  • Nepal moved to a five‑day workweek with 9 a.m.–5 p.m. office hours, began selling half‑filled cooking‑gas cylinders, and is reviewing a shift of petrol and diesel vehicles to electric power.