economy
Sri Lanka brings in four-day week to eke out stocks of oil and gas hit by Iran war
Effective closure of strait of Hormuz also affecting Bangladesh, India and Pakistan, which have brought in crisis measures
TL;DR
- Sri Lanka is introducing a four-day working week to conserve shrinking fuel and gas reserves.
- The Middle East conflict has disrupted energy supplies, leading to shortages across South Asia.
- Countries like Bangladesh and Pakistan are implementing measures such as power blackouts and remote learning to save energy.
- India is facing long queues for cooking gas and is seeking diplomatic solutions to ensure energy imports.
- The Strait of Hormuz has been effectively shut down due to blockades, impacting regional oil and gas shipments.
- Sri Lanka has also begun fuel rationing, limiting the amount motorists can purchase.