World Bank Warns of Energy Price Shock Linked to Middle Eas… – Singapore, 2026-05-07 | WarHeatMap.app

Home › SingaporeWorld Bank Warns of Energy Price Shock Linked to Middle East War StalemateThe World Bank released an updated forecast on May 7, 2026, warning that global energy prices could surge by 24% in 2026 due to the ongoing 'historic shock' of the Middle East conflict. The report highlights that even if an acute disruption ends this month, the long-term impact on shipping volumes via the Strait of Hormuz will continue to drive inflationary pressures. This economic fragility is particularly acute for developing nations facing rising costs for fertilizers and fuel.
Date: 2026-05-07
Country: Singapore
Conflict: US-Iran Conflict
Severity: MEDIUM
Source: The Business Times
View this event on the live war map

ACCESS RESTRICTED

COMPLIANCE VERIFICATION REQUIRED

WAR 3.0 provides real-time open-source intelligence (OSINT) on global conflicts. Due to the sensitive nature of this data and international regulatory requirements, you must verify your eligibility to access this platform.

I have read and agree to the Terms of Service and Privacy Policy.

I confirm that I am not a resident of, nor accessing this site from, a comprehensively sanctioned jurisdiction or a country currently engaged in armed conflict with the United States.

I confirm that I am using this tool strictly for personal, academic, or non-commercial OSINT research purposes.