World Bank Sees Commodity Prices Hitting Four-Year High in 2026
The International Monetary Fund headquarters in Washington.
Photographer: Kent Nishimura/BloombergGlobal commodity prices are set to increase this year to the highest since 2022 as the war in Iran continues to disrupt key industrial supplies like oil and metals, the World Bank Group said.
The bank’s commodity-price index is seen climbing about 16% this year, the Washington-based lender said in its latest Commodity Markets Outlook report Tuesday. That would mark the first annual increase since Russia’s invasion of Ukraine roiled energy markets and fanned global inflation, according to the bank.