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New WTO Report: High Oil, Gas Prices Serious Challenge for Trade Growth

Summary by Africa News
The World Trade Organization warned Thursday that prolonged high oil and gas prices in 2026 would "shave off" growth from an already grim trade forecast.

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Africa NewsAfrica News
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New WTO report: high oil, gas prices serious challenge for trade growth

The World Trade Organization warned Thursday that prolonged high oil and gas prices in 2026 would "shave off" growth from an already grim trade forecast.

·Pointe-Noire, Congo (the)
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The Free Press JournalThe Free Press Journal

WTO Warns Global Trade Growth May Slow Down To 1.4% If Oil Prices Remain Elevated For Throughout 2026

The WTO has warned that prolonged conflict in West Asia could slow global trade growth to 1.4% in 2026. Rising oil prices, potentially reaching $180 per barrel, may disrupt supply chains, fuel inflation, and weigh on global economic growth

·Mumbai, India
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The Free Press Journal broke the news in Mumbai, India on Friday, March 20, 2026.
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