IMF warns Middle East turmoil could spark global price surge and slower growth

1 min read
Source: The Guardian
IMF warns Middle East turmoil could spark global price surge and slower growth
Photo: The Guardian
TL;DR Summary

The IMF warned that a protracted conflict in the Middle East threatening oil, gas and fertiliser flows could push energy and food costs higher, dampening global growth and straining households, with outcomes depending on how long the fighting lasts, how far it spreads, and the damage to infrastructure and supply chains.

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