Middle East War to Spark Biggest Energy Price Surge in Four Years
April 28, 2026
April 28, 2026
WASHINGTON, April 28 -- The World Bank issued the following news release:
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Middle East War to Spark Biggest Energy Price Surge in Four Years
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Commodity prices forecast to rise by 16% this year, fueling inflation and slowing growth
WASHINGTON, April 28, 2026 - Energy prices are projected to surge by 24% this year to their highest level since Russia's invasion of Ukraine in 2022, as the war in the Middle East sends a seve . . .
* * *
Middle East War to Spark Biggest Energy Price Surge in Four Years
*
Commodity prices forecast to rise by 16% this year, fueling inflation and slowing growth
WASHINGTON, April 28, 2026 - Energy prices are projected to surge by 24% this year to their highest level since Russia's invasion of Ukraine in 2022, as the war in the Middle East sends a seve . . .