World Bank Raises Commodity Price Outlook Citing War and El Niño

The World Bank raised its commodity price outlook, citing disruptions to energy supplies stemming from the Middle East conflict and potential harvest damage from El Niño conditions. The bank did not specify revised price targets in its announcement. The forecast adjustments reflect expected impacts on global oil, gas, and agricultural markets.

• Bloomberg — World Bank Raises Commodity Price Outlook Citing War and El Niño

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