World Bank Group & Abbas Araghchi

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.

Abbas Araghchi: Abbas Araghchi, Iran's Foreign Minister, is actively involved in diplomatic efforts, shuttling between Islamabad, Oman, and Russia to present Iran's peace proposal and seek support.

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.

Abbas Araghchi: Abbas Araghchi, Iranian Foreign Minister, claimed that US 'provocative actions and repeated ceasefire violations' are barriers to peace, and later stated the Strait of Hormuz was open after a ceasefire accord.

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.

Abbas Araghchi: Abbas Araghchi, Iran's Foreign Minister, is a key negotiator for Iran in the peace talks, traveling to Pakistan and other nations to discuss regional developments and peace efforts.