Commodity prices hit record highs amid energy crisis, inflation pressures

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Commodity prices have reached record highs amid the ongoing energy crisis and rising inflation. Diesel, beef, oil, and copper prices have surged, while equity markets also approach historic highs. The World Bank projects a 16% increase in average commodity prices for 2026, with energy prices expected to rise by 24%. Key market players, particularly OPEC and the International Energy Agency, could shape future price movements.

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