
World Bank Forecasts 16% Commodity Price Growth in 2026 Amid US-Israel War Against Iran
The World Bank projects a 16% increase in commodity prices for 2026, driven by the US-Israeli war against Iran, soaring energy and fertilizer costs, and record metal prices. Developing economies will see inflation average 5.1%—a full percentage point higher than pre-war expectations—while growth slows to 3.6%. The report warns 70% of commodity importers and over 60% of exporters worldwide could experience weaker growth than projected in January.