World: Military Escalation in the Middle East: Cushioning the Global Shock, 24 June 2026

Country: World Source: UN Development Programme Please refer to the attached file. Middle East conflict fallout pushes countries toward US$1 trillion fossil fuel subsidy bill, warns UN Development Programme Ripple effects from the Middle East conflict force developing countries to burn fiscal space on fossil fuel subsidies, wiping out investment in health, education and climate, according to new report New York City/Hamburg - Developing countries’ efforts to tackle the ongoing effects of conflict in the Middle East