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World faces biggest energy shock since 1970s: World Bank

April 27, 2022 7:20 AM

WASHINGTON (AFP) – Energy prices have surged since the Russian invasion of Ukraine and, along with other commodities, are likely to remain at “historically high” levels through 2024, endangering economic growth, the World Bank warned on Tuesday (Apr 26).

Source : https://www.straitstimes.com/business/economy/world-faces-biggest-energy-shock-since-1970s-world-bank

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