The World Bank forecasts a 32% jump in energy prices and 25% rise in metals due to supply disruptions, alongside an 18% cumulative food price increase. Global oil consumption is expected to contract b
The World Bank warns East Asian economies risk depleting reserves subsidizing fuel amid persistent oil price shocks from the US-Iran conflict. Higher energy costs threaten regional growth and manufact
IMF and World Bank forecast global growth amid rising energy costs, projecting Brent crude at $100/barrel, while AI exports offset risks for Asian economies facing inflation and supply chain disruptio
The World Bank forecasts a 24% surge in energy prices and 31% increase in fertilizer costs by 2026 due to Middle East war disruptions. These shocks threaten global food security and economic growth in
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