According to the World Bank, an oil barrel could exceed US$150

As a consequence of the war between Israel and Hamas, the price of a barrel of oil could exceed US$150, warned the World Bank on October 30th, 2023. The institution also unveiled an optimistic scenario (between $93 and $102 per barrel) and a median scenario from $109 to $121. As a reminder, the record was reached in 2008 with $147 a barrel. As inflation remains high in the US and in Europe, the World Bank also anticipates additional repercussions on global commodity prices (agricultural product