Food prices are expected to rise by 18% between 2025 and 2027

The World Bank predicts an 18% increase in food prices from 2025 to 2027 due to supply challenges linked to conflicts. Energy prices are expected to rise by 32% this year, with a slight decrease anticipated for the following year. The ongoing conflict in the Middle East has significantly impacted oil prices, with Brent crude expected to average $91 this year, up from $69 in 2025. If tensions do not escalate after the upcoming U.S. elections, oil prices may stabilize at $79 next year; otherwise, they could reach $105 by 2027. Additionally, fertilizer prices are projected to rise by 14% this year, while metals may increase by 25%.