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A Price Tsunami Is Coming Due to Soaring Oil Prices

The World Bank predicts that the Iran war will cause oil prices to jump to $86, threatening global inflation and a food crisis. The 16 percent increase in raw material prices will also significantly increase industry spending.
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The World Bank predicts that the Iran war will cause oil prices to jump to $86, threatening global inflation and a food crisis. The 16 percent increase in raw material prices will also significantly increase industry spending.

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https://mandiner.hu/ broke the news on Wednesday, May 6, 2026.
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