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The Times of India
The Times of India
World
Aryan Singh

US pushes World Bank to scrap oil, gas funding curbs in major energy policy overhaul

World Bank Scott Bessent United States Oil Energy Policy International Monetary Fund Developing Countries Economic Growth International Finance Corporation

US treasury secretary Scott Bessent has urged the World Bank to end its restrictions on financing upstream oil and gas projects, arguing that developing countries need reliable and affordable energy to drive economic growth, industrialisation and job creation.

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