World Bank Sees 23% Commodity Price Surge in 2026
Global commodity prices are projected to rise twenty-three percent this year due to Middle East conflict and supply disruptions. The World Bank warns higher energy and food costs could worsen inflation and growth.
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Global commodity prices will surge 23% in 2026, driven by Middle East conflict, shipping disruptions, and surging safe-haven demand, the World Bank said on Wednesday. The projected spike follows broad gains across energy, food, and metals this year as geopolitical shocks compounded. Elevated commodity costs threaten to reignite inflation and force tighter monetary policy globally.
