Oil prices could reach 'uncharted waters' if the Israel-Hamas war escalates, the World Bank says

Oil prices could reach 'uncharted waters' if the Israel-Hamas war escalates, the World Bank says

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The World Bank reported Monday that oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas intensifies, which could result in increased food prices worldwide. The World Bank’s Commodity Markets Outlook found that while the effects on oil prices should be…

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