World Bank Group & Brent Crude
11 shared events · Importance 7 · Last updated May 09, 2026
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International
World Bank Group: The World Bank Group has projected a significant surge in commodity prices, including energy and fertilizers, due to the Middle East war, warning of serious implications for job creation and development, especially for developing economies.
Brent Crude: Brent Crude prices are projected to surge significantly, averaging $86 a barrel in 2026, due to supply shocks from the Middle East conflict, with potential to reach $115 a barrel in a severe scenario.
Apr 28, 2026 · 23 articles
International
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.
Brent Crude: Brent Crude futures were up due to uncertainty over crude supply from the Middle East, despite earlier losses, reflecting the volatile market conditions caused by the conflict.
Apr 02, 2026 · 45 articles
International
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.
Brent Crude: Brent Crude prices have risen significantly due to the ongoing conflict and disruptions to global energy supplies, reflecting market turmoil.
Apr 28, 2026 · 47 articles
International
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.
Brent Crude: Brent Crude prices have surged to around $100 per barrel due to the conflict and disruptions in the Strait of Hormuz, significantly impacting global energy costs and inflation.
Apr 08, 2026 · 307 articles
International
World Bank Group: The World Bank Group is called upon by 11 finance ministers to provide coordinated emergency support to countries affected by the Middle East war.
Brent Crude: Brent Crude prices have been highly volatile due to the conflict and the Strait of Hormuz blockade, reflecting market uncertainty and supply disruptions.
Apr 11, 2026 · 283 articles
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