World Bank flags rising commodity prices, logistics strain amid Middle East conflict
The World Bank Group has warned that the ongoing conflict in the Middle East is placing increasing pressure on global commodity markets and supply chains, with emerging market economies already feeling the impact. In a statement, the institution said a number of its client countries had raised concerns as disruptions to shipping routes and trade flows begin to drive up costs and heighten supply risks.
The World Bank Group has warned that the ongoing conflict in the Middle East is placing increasing pressure on global commodity markets and supply chains, with emerging market economies already feeling the impact.
In a statement, the institution said a number of its client countries had raised concerns as disruptions to shipping routes and trade flows begin to drive up costs and heighten supply risks.
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