Bangladesh has received assurances from Iran regarding the safe passage of fuel shipments amid rising concerns over global oil supply disruptions. He added that he had spoken with officials in Tehran and that they had indicated their willingness to facilitate the safe passage of such vessels. In an effort to ease pressure on global oil prices, the US Treasury Department announced a partial easing of sanctions on Russian oil. The latest move follows a decision to grant India temporary permission to purchase Russian oil. The exemption applies only to Russian oil that is already at sea.
Source: The Nation March 15, 2026 06:08 UTC