Middle East war to drive 24% surge in energy costs – World Bank
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Source: Daily News
Published: 2026-04-30 14:19 UTC+10:00
Section: Breaking News
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Energy, Economy & Finance, Commodities, World News, Business & Economy, War & Conflict
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Snippet:
The Middle East war has triggered the biggest global energy supply shock on record and will drive a sharp rise in commodity prices, pushing inflation higher and slowing economic growth worldwide, the World Bank has warned.
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