US EditionWorld Bank Sees War Impact Pushing up Costs
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World Bank sees war impact pushing up costs
The World Bank has expressed fear that increased costs of fertiliser and fuel due to the impact of the ongoing war between the US and Israel against Iran poses fresh challenges on global economies. In a notice dated March 26 2026 published on its website, the bank said it is working with governments, the private sector, regional partners and other stakeholders to find solutions to the new set of challenges. Reads the bank’s statement: “Shipping …
World Bank Group Reacts to the Conflict in the Middle East
A number of the World Bank Group’s clients in emerging markets have reached out to us as the conflict in the Middle East has started to impact commodity prices and logistics. We are working with governments, the private sector, regional partners, and other stakeholders to help them through this new set of challenges. We are closely monitoring global market developments, and we are in direct contact with the most affected client countries to unde…
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