Caribbean News

World Bank has warning as Israel-Hamas conflict escalates

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Dana Malcolm 

 

Staff Writer

 

#WashingtonDC – A new report from the World Bank is warning that if a full-scale conflict between Israel and Hamas breaks out oil prices could soar to record highs.  It could push prices up by 13 percent to a possible $102 per barrel in a low-scale disruption and up to 157 in a high-scale disruption. 

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