28
Oct 2026
World
World
Gas prices in Europe rise due to halt in Russian supplies, World Bank says
Gas prices in European countries have risen due to governments' decisions to stop imports from Russia, according to the World Bank's report "Commodity Market Outlook." It is also noted that global energy prices will increase by 32% in 2026 due to conflict between the US and Iran. The average price of Brent crude oil will reach $91 per barrel.