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Conflict in the Middle East is disrupting critical energy imports to Bangladesh, particularly through the Strait of Hormuz, leading to fuel rationing, power cuts, and industrial shutdowns. ZCA analysis indicates that sustained high prices for oil, gas, and coal could increase Bangladesh's annual fossil fuel import bill by USD 4.8 billion (a 40% increase from 2025 levels), further straining foreign exchange reserves. The document argues that this recurring volatility, echoing the shocks from the Russia-Ukraine war, underscores the urgent need for Bangladesh to pivot toward renewable energy to avoid long-term fiscal distress and energy insecurity.