Israel-Hamas conflict could lead to oil price spike: World Bank
The war between Israel and Hamas could trigger price shocks for raw materials such as oil and agriculture products if the conflict escalates across the Middle East, the World Bank
Hafsa Mustafa
30 Oct 2023·2 years ago
1 min read
The war between Israel and Hamas could trigger price shocks for raw materials such as oil and agriculture products if the conflict escalates across the Middle East, the World Bank warned in a report Monday. Oil has already risen six percent since the latest round of fighting, sparked when Hamas militants from Gaza stormed southern Israel and killed more than 1,400 people.
Hafsa Mustafa
JournalistStaff correspondent covering World and national affairs for Pakistan Times Today.
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