World Bank Group & OPEC

World Bank Group: The World Bank Group acknowledged its limited ability to mitigate economic damage from geopolitical shocks, pledged financing assistance, and warned of a worsening global economic outlook due to the conflict.

OPEC: The OPEC is affected by the United Arab Emirates' decision to quit the group, which will complicate efforts to balance the oil market through supply adjustments.

World Bank Group: The World Bank Group has forecast a significant surge in energy prices for 2026 if the disruptions from the Iran war continue, indicating the broad economic impact of the conflict.

OPEC: OPEC and OPEC+ are negatively impacted by the United Arab Emirates' decision to quit, exposing discord among Gulf nations and potentially affecting global oil market stability.

World Bank Group: The World Bank Group warned against hoarding energy supplies or imposing export curbs, amid a significant shock to the global energy market.

OPEC: OPEC, of which Iran is a member, could see reduced crude exports from Iran due to the United States blockade, although Iran may sustain production by storing oil.