(FILES) President of the Eurogroup Paschal Donohoe speaks to the press during the European Council meeting gathering the 27 EU leaders to discuss Ukraine, European defence, recent developments in the Middle East, competitiveness, housing and migration, in Brussels, on October 23, 2025. The World Bank is "extremely concerned" about the effect the war on Iran will have on inflation, jobs and food security, and is in talks with member states on how to address immediate needs in the crisis, a top official told AFP on April 1, 2026. Managing Director Paschal Donohoe's comments came as his organization announced a new partnership with the International Monetary Fund (IMF) and International Energy Agency (IEA) to coordinate aid responses to the war. Donohoe flagged that countries in Asia and Africa were particularly vulnerable to the energy, price and supply shocks of the crisis. (Photo by JOHN THYS / AFP via Getty Images)