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UN warns of 'supersized' El Niño event lasting into 2027, threatening global economy and extreme weather

⚡ Markets: A strong El Niño creates upside risk for agricultural commodity prices (e.g., coffee, cocoa, palm oil, grains) due to potential crop damage in key growing regions. It can also disrupt energy demand and impact inflation.wheatcoffeenatural gasinsurance stocks

The UN's World Meteorological Organization (WMO) has warned that the current El Niño weather pattern is intensifying into a 'supersized' event, potentially the strongest on record. The phenomenon is expected to peak late this year and last into early 2027, exacerbating extreme weather like droughts and floods and posing a significant threat to global agriculture and economies.

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