Up to 140 million extra people could be tipped into extreme poverty worldwide by an energy crisis that has sent prices soaring more than 100 per cent for many households, a report finds.
"This crisis has pushed a number of economies into recession, caused higher inflation, and put painful cost-of-living pressures on households around the world," the authors wrote in the report.
According to the authors, the upheaval in global energy markets affected consumers in two ways across poor countries as well as rich ones such as Australia.
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