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IMF, World Bank, IEA chiefs warn of summer fuel scarcity if Hormuz remains closed
The joint statement highlights that the surge in energy prices due to the Iran war is having a disproportionate effect on ...
Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access ...
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Global fuel shortages loom as IMF, World Bank, IEA warn of prolonged Hormuz Strait crisis
A joint IMF, World Bank, and IEA warning states that the Strait of Hormuz blockade risks severe summer fuel scarcity. Rapidly falling oil stockpiles and surging energy costs threaten global growth, ...
FILE PHOTO: A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman/File Photo May 29 (Reuters) - The heads of the ...
The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organization met on May 28 as part of the high-level coordination group established in April ...
The World Bank Group has forecast that Brent oil prices will remain elevated in the near term before easing, averaging US$86 ...
The Federal Government has cancelled $717.7m in undisbursed World Bank intervention financing designed to revive Nigeria’s ...
Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by ...
The World Bank’s First USD Benchmark Bond of the 2026 Fiscal Year is a 10-Year with Record Orderbook
WASHINGTON, D.C., August 19, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 5 billion benchmark bond that matures in August 2035. The ...
This week, world leaders and central bankers will convene in Washington, D.C., for the annual spring meetings of the International Monetary Fund and the World Bank. Both the chaos coursing through the ...
Delegation inspected anti-smog operations, mechanised road sweeping and waste management facilities under the Haryana Clean Air Project.
WASHINGTON, United States (AFP) — The heads of the International Monetary Fund, World Bank and International Energy Agency warned on Friday of the risks to fuel security during peak demand summer ...
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