Brent-crude

Global energy prices could rise by 32% in 2026 due to the conflict in the Middle East. This could put fresh pressure on Bangladesh’s economy, which relies heavily on energy imports. Higher energy import costs would increase pressure on the country’s foreign exchange reserves. They could also raise electricity generation and industrial production costs, transportation expenses and food prices. This could further complicate efforts to control inflation. The forecast of rising energy prices...

Oil prices fell sharply on Monday, with Brent crude dropping more than $7 a barrel in post-settlement trading after US President Donald Trump signaled reluctance to launch fresh attacks on Iran, raising hopes of progress toward ending the conflict. Brent crude futures settled down $5.75, or 5.85%, at $92.57 a barrel. Prices continued declining after settlement, falling more than $7. US West Texas Intermediate (WTI) crude futures dropped $3.98, or 4.38%, to settle at $86.85 a barrel. They...