Nigeria, April 14 -- The heads of the International Energy Agency (IEA), the International Monetary Fund (IMF), and the World Bank Group have said they are working on tailored policies and financial support to ease the effects of the Middle East war on global energy and economies.

The global bodies outlined their plans to reduce the economic impact of the Middle East conflict in a joint statement on Monday.

The effort was part of the coordination group established in early April to address the response to the energy and economic impacts of the war in the Middle East.

The Middle East conflict between the US, Israel, and Iran began on 28 February and has led to the disruption of the global supply of crude through the Strait of Hormuz.

A...