The impact of rising tensions in the Middle East and disruptions in oil supply is now visible across the world. Especially in India’s neighboring countries—Sri Lanka, Pakistan, and Bangladesh—the fuel crisis is deepening. Rising oil prices, delays in supply, and increasing costs have put additional pressure on the economies of these countries.
4-Day Working Week in Sri Lanka
Sri Lanka, grappling with an economic crisis, has taken stringent measures to save fuel. The government has implemented a 4-day working week for government employees to reduce petrol and diesel consumption. Additionally, a QR code-based rationing system has been introduced, under which each vehicle will receive a limited amount of fuel. Public transport is being prioritized, and control over private vehicles has been increased.
Strict Rules in Bangladesh
Bangladesh has taken strict measures to reduce expenditure. Working hours in government offices have been reduced, and the use of air conditioning has been banned. Non-essential foreign travel has been restricted. Furthermore, the capacity of diesel-powered power plants has been reduced, thereby increasing reliance on alternative energy sources.
Pakistan’s Startling Steps
Pakistan has made several stringent decisions to tackle the fuel crisis. Prime Minister Shehbaz Sharif has cancelled the Pakistan Day parade and major events. Fuel supply for government officials has been halted, and petrol-diesel allowances have been cut by up to 50%. Additionally, schools and colleges have been closed in many places, and work-from-home has been implemented in government offices. Cultural events have also been postponed to conserve resources.
Reasons for the Worsening Crisis
Disruptions in key oil supply routes and escalating geopolitical tensions are causing significant fluctuations in crude oil prices. This has increased costs for fuel-importing countries and put pressure on foreign exchange reserves. Experts say that if this crisis persists, inflation could rise further, and its impact on the general public would deepen. Currently, governments are trying to manage the situation by taking strict decisions.
