RIYADH: In a worrying report issued on Oct. 30, the World Bank warned that the war in Gaza between Israel and Hamas could trigger an economic “shock” that would include oil prices soaring up to $150 a barrel and millions around the world going hungry due to the result
of higher food prices.
Just as the world economy emerges from the disruption of the pandemic and the shockwaves of the Ukraine war, economists and risk analysts are…