Fiji, March 31 -- The World Bank Group says the ongoing conflict in the Middle East is already driving up global costs and disrupting supply chains, with developing countries feeling the pressure.

In a statement, the World Bank said several of its clients in emerging markets have reached out as the crisis begins to affect commodity prices and logistics.

"A number of the World Bank Group's clients in emerging markets have reached out to us as the conflict in the Middle East has started to impact commodity prices and logistics. We are working with governments, the private sector, regional partners, and other stakeholders to help them through this new set of challenges."

The institution said it is closely tracking developments and engagin...