World Bank warns energy prices could surge 24%

World Bank warns energy prices may rise 24% this year due to war disruptions, especially involving Iran.

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Tuesday, 28 April 2026 at 19:53 UTC

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The World Bank has warned that global energy prices could surge by 24% in 2026, the sharpest increase in four years, driven by war-related disruptions, particularly those involving Iran. The warning highlights the economic impact of ongoing conflicts on energy markets. This projection underscores the broader inflationary pressures facing the global economy.

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e/eineurope · topic · T-10109cycle Tuesday, 28 April 2026 at 19:53 UTC · first reported 4h ago