The current war has exposed Bangladesh’s structural vulnerabilities: dependence on imported energy, fragile reserves, and narrow fiscal space. For the new government, the stakes are clear—stabilize fuel and food supplies now while building resilience through diversified energy, broader exports, and stronger social protection. Wars in the Gulf may be fought thousands of miles away, but their economic shockwaves reach Bangladesh within days. In the end, the crisis will be felt in three simple pressures shaping everyday life: oil prices, food costs, and migrant jobs.