Middle East Conflict: Impacts on Global Energy Supplies and Markets
IMF and World Bank warn that Middle East conflict strains global energy supplies, risking price volatility and economic instability.
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The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. The group is the largest development bank in the world. It is headquartered in Washington, D.C., United States. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Historically, within the group, the IBRD and IDA were collectively known as the World Bank due to their emphasis on global lending.
IMF and World Bank warn that Middle East conflict strains global energy supplies, risking price volatility and economic instability.
Explore how ongoing conflicts in the Middle East are straining global energy supplies, impacting prices and availability, as warned by the IMF and World Bank.
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. The group is the largest development bank in the world. It is headquartered in Washington, D.C., United States. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Historically, within the group, the IBRD and IDA were collectively known as the World Bank due to their emphasis on global lending.
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