Dubai, UAE – Oct. 2026 – Commodity prices are set to rise 23 percent in 2026 as several global shocks hit at once, the World Bank Group said in its latest Commodity Markets Outlook. The conflict in the Middle East has drawn down oil inventories and is expected to push energy prices to a
MIDDLE EAST
Photo Credit : Windward | X Commercial shipping activity through the strategic Strait of Hormuz is showing signs of recovery after the United States and Iran signed a peace agreement in France, prompting several vessels stranded for months to resume their journeys. According to maritime intelligence firm Windward, at least seven previously immobilised ships have […]
Photo Credit: Reuters Dubai, UAE — June 2026 —The ongoing conflict in the Middle East is weighing heavily on the world economy, with global growth forecast to slow to 2.5 percent in 2026, the weakest pace since the COVID-19 pandemic upended economic activity six years ago. According to the World Bank Group’s latest Global Economic […]












