Iran has said it will allow Bangladeshi oil tankers to pass safely through the Strait of Hormuz despite rising tensions in the Middle East. "I have spoken with Iranian government officials and they are ready," the envoy told reporters after an event in the capital. "If you have vessels intended to transport fuel, we will allow them to pass safely so that the people of Bangladesh do not face hardship." Iran has further warned the international community to brace for oil prices as high as $200 per barrel, as it maintains its promise to block any tankers attempting passage through the waterway. The threat has already sent shockwaves through global markets, with nearly 20 percent of the world's daily oil consumption typically passing through this maritime chokepoint.

Source: bd News24 March 13, 2026 15:10 UTC