{"id":67981,"date":"2026-04-15T18:25:19","date_gmt":"2026-04-15T18:25:19","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/04\/15\/iran-war-disruption-to-continue-after-reopening-of-strait-of-hormuz\/"},"modified":"2026-04-15T18:25:55","modified_gmt":"2026-04-15T18:25:55","slug":"iran-war-disruption-to-continue-after-reopening-of-strait-of-hormuz","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/04\/15\/iran-war-disruption-to-continue-after-reopening-of-strait-of-hormuz\/","title":{"rendered":"Iran war disruption to continue after reopening of Strait of Hormuz"},"content":{"rendered":"

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World Bank President Ajay Banga said on Wednesday that countries affected by the Iran war should prepare for months of conflict-related disruptions, even if the current shaky ceasefire holds and the Strait of Hormuz is reopened.<\/p>\n

\u201cIt will still take a few months for things to get back to where they were,\u201d Banga told CNBC’s Karen Tso at the International Monetary Fund’s spring meetings, with the key oil-shipping route no longer closed amid Iranian threats and the US blockade.<\/p>\n

“So we have to be prepared for a few months of instability for these countries,” he said.<\/p>\n

Banga said the World Bank has created a “war chest” plan to provide different levels of funding to countries depending on how long the conflict lasts.<\/p>\n

“Thanks to our crisis toolkit, our countries could get immediate access to about $20 to $25 billion, as early as tomorrow morning, without new approvals,” he said.<\/p>\n

He said, if the war continues for the next five or six months, this figure could increase to $60 billion. <\/p>\n

He said that if needed, the World Bank can raise 80 to 100 billion dollars in the next 15 months.<\/p>\n<\/div>\n

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Read more CNBC politics coverage<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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He said the bank had only “put $70 billion into action” during the COVID-19 pandemic. “So I’m putting together a kind of war chest of three steps and three steps to be able to accomplish this,” he said.<\/p>\n

Banga also said he was advising World Bank clients affected by the war to focus first on curbing inflation.<\/p>\n

\u201cMake sure you get inflation under control before worrying about the growth side again,\u201d Banga said. \u201cYou have to make sure it gets managed.\u201d <\/p>\n<\/div>\n

Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

World Bank President Ajay Banga said on Wednesday that countries affected by the Iran war should prepare for months of conflict-related disruptions, even if the current shaky ceasefire holds and the Strait of Hormuz is reopened. \u201cIt will still take a few months for things to get back to where they were,\u201d Banga told CNBC’s<\/p>\n","protected":false},"author":1,"featured_media":67982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[2468,7998,659,312,10856,2067,367],"class_list":{"0":"post-67981","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-news","8":"tag-continue","9":"tag-disruption","10":"tag-hormuz","11":"tag-iran","12":"tag-reopening","13":"tag-strait","14":"tag-war"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/67981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=67981"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/67981\/revisions"}],"predecessor-version":[{"id":67983,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/67981\/revisions\/67983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/67982"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=67981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=67981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=67981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}