Energy Security and Import Dependence

Energy security refers to the uninterrupted availability of energy sources at an affordable price. Bangladesh imports virtually all its petroleum products, funding them largely through foreign exchange reserves — which have been under pressure. The West Asia crisis has affected global shipping, insurance costs, and tanker availability, particularly for smaller import-dependent economies. For India, supplying fuel to Bangladesh is both a diplomatic gesture and a practical use of surplus pipeline capacity, though India must balance its own monitored domestic supply given the West Asia disruptions.