"Bangladesh ordered all public and private universities to close starting March 9, moving up the Eid al-Fitr holiday period to reduce electricity use nationwide. Authorities said the shutdown would ease pressure on the country's strained power system. University campuses consume large amounts of electricity to operate residential halls, classrooms, laboratories and air-conditioning systems, meaning the early closure could significantly reduce demand."
"Pakistan has directed universities and higher education institutions to move classes online as part of a wider package of fuel-saving measures. Prime Minister Shehbaz Sharif announced the measures in a televised address, warning that disruptions to maritime traffic in the Strait of Hormuz have placed Pakistan's economy under pressure. The government has also introduced a four-day workweek for government offices, cut fuel allowances and encouraged remote work."
"Many Asian economies are particularly vulnerable to sustained oil price shocks because of their reliance on imported energy, according to ING, a banking and financial services group. Bangladesh, which relies on imports for 95 percent of its energy needs, has already imposed daily limits on fuel sales after panic buying and stockpiling."
Bangladesh and Pakistan have implemented emergency measures to conserve electricity and fuel amid an energy crisis linked to Middle East conflicts. Bangladesh ordered all public and private universities to close starting March 9, moving up the Eid al-Fitr holiday to reduce nationwide electricity consumption. University campuses consume significant electricity for residential halls, classrooms, laboratories, and air-conditioning systems. Pakistan directed universities to move classes online as part of broader fuel-saving measures. Both countries are vulnerable to oil price shocks due to heavy reliance on imported energy. Bangladesh imports 95 percent of its energy needs and has imposed daily fuel sales limits. Pakistan's Prime Minister cited disruptions to maritime traffic in the Strait of Hormuz as pressuring the economy. Additional measures include four-day workweeks for government offices, reduced fuel allowances, and remote work encouragement.
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