OPEC Fund Launches $1.5 Billion Support Package After Iran War

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The OPEC Fund launched a $1.5 billion support package on Wednesday to help developing countries manage economic pressures tied to energy, commodity and trade disruption in the wake of the Iran war.

The Vienna-based fund said the money will be deployed through 2028 on a "demand-driven basis" to help governments cope with rising costs and secure supplies of key goods including energy, food and fertilizers.

From the sources (3 posts)

@staunovo

The OPEC Fund launched a $1.5 billion support package on Wednesday to help developing countries manage economic pressures linked to energy, commodity and trade disruption in the wake of the Iran war. The Vienna-based fund said the money wo

@ajenglish

The ⁠⁠OPEC Fund has launched a $1.5bn support ⁠⁠package to ⁠⁠help developing countries manage rising economic pressures linked to energy, commodity and ‌‌trade disruption in the wake of the Iran war, Reuters reported. 🔴 LIVE updates: https

@ajenews

UPDATE: OPEC Fund launches $1.5b package to support countries impacted by war 🔴 LIVE updates:

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