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Bangladesh Opposition Party Protests Against Fuel Price Hike

A gas station clerk gives a receipt to a customer in Dhaka, on Aug. 9. 

A gas station clerk gives a receipt to a customer in Dhaka, on Aug. 9. 

Photographer: Anik Rahman/Bloomberg

A major Bangladesh opposition party gathered thousands of supporters in capital Dhaka to protest a record fuel price hike announced by the government to preserve fuel reserves as it looks to multilateral lenders to shore up its foreign exchange reserves as import bills balloon.   

The Bangladesh Nationalist Party described the weekend price hike by Prime Minister Sheikh Hasina’s government as a “tool to suppress people.” The protests are expected to expand to other cities and towns on Friday.