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High-Purity Fact Pipeline
World Bank
Global
June 11, 2026
Verified: June 11, 2026
"World Bank cut 2026 global growth forecast to 2.5%. Growth could slow to 1.3% if energy supply disruptions worsen. Middle East conflict is the primary driver of the downward revision."
Author: Daniel Yergin
This definitive history of the global oil industry explains how energy markets are inextricably linked to Middle Eastern stability, providing essential context for why regional conflicts trigger global economic volatility.
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