The economic spillover from high energy prices

• The bank's new commodities outlook says on a yearly basis, prices are projected to rise over 2% next year after this year's 80% jump, though Reuters notes they see prices declining in the second half of the year.

Threat level: The bank report says increasing prices "pose significant inflation risks" in many emerging markets and developing countries, and "could weigh on growth in 2022 among energy-importing countries."