The agency has said it plans to roll out the refund system in ‌phases

Brent crude futures gained $7.03, or 7.4 percent, to $102.23 a barrel by 0810 GMT

Beijing's long-running prioritisation of energy security has left it well-prepared for such shocks

For the week, all three major US indices advanced by more than three percent

Gasoline prices surged by 21.2 percent between February and March

The war in the Middle East could weigh on Bangladesh’s economy, disrupting output in key sectors, particularly the readymade garment (RMG) industry, according to a study by the South Asian Network on Economic Modelling (Sanem)

The Fund mission approved the latest tranche of its four-year $2.9 billion bailout provided officials restore cost recovery in energy pricing

Traffic through the Strait of Hormuz remained extremely limited on Wednesday

The World Bank projects lower economic growth for Bangladesh in the current fiscal year, stating that 12 lakh poor people will remain below the poverty line mainly due to the impact of the US-Israel war on Iran.

Middle East stocks also rallied, with Dubai jumping 8.5 percent

The Dutch TTF natural gas contract slumped to 42.5 euros

At around 8:10 am (0610 GMT), dollar was trading at 1.17 euros

"We are in a world of elevated uncertainty," the IMF chief said

West Texas Intermediate topped $115 and Brent sitting around $111

The company will produce a wide range of items, including steel, aluminium and iron frames, fibreglass poles, tents and sleeping bags

A third vessel, Jag Vikram, is still ​in the west of the Strait of Hormuz, ​the data showed

The dollar ​index , which measures the US currency against six rivals, was slightly lower at 100.12

Products passing through the giant site range from insulin capsules and lifestyle drugs to medicated sunblock and drums of sulphuric acid

India has secured its full requirements of crude oil for the coming months, its oil ministry said

The Iran war is reaching Bangladesh through the availability and price of fuel, fertiliser, freight, and foreign exchange