World Bank projects Middle East war to drive 24% jump in energy prices

Energy prices are set to rise 24 per cent in 2026, driven by Middle East conflict disrupting oil supply, according to the World Bank.
Brent crude may average $86 a barrel, with risks of $115 if disruptions persist.
Commodity prices could climb 16 per cent overall, fuelling inflation and slowing growth.
Developing economies face weaker expansion, with fuel and debt pressures worsening poverty risks.