IMF and World Bank warn West Asia war is straining energy supplies, impacting vulnerable economies through rising fuel prices.
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Tehran’s closure of key oil chokepoint after US-Israel war triggers global economic concerns
May 29 (Reuters) - The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade…
Brent crude rose by 13% during early trading and stock markets came under pressure as US-Israeli strikes on Iran raised fears of…
The conflict has driven up prices of oil, natural gas, damaged refineries and other energy infrastructure.
Oil prices moderated somewhat after the U.S. issued a 30-day license for countries to buy sanctioned Russian oil and petroleum…
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