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    Middle East conflict leaves developing countries paying the price

    manugupte@gmail.comBy No Comments1 Min Read

    By R Anil Kumar UNDP projects global fossil fuel subsidies will climb to $1.1 trillion in 2026, around $410 billion higher than in 2025 if oil prices average $88.60 a barrel. In a more severe scenario, with prices reaching $110 a barrel, subsidies could rise to $1.43 trillion. “Money that should be building schools, hospitals, …

    The post Middle East conflict leaves developing countries paying the price appeared first on India Strategic.


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