17-March-2026
Economy News
 
Oil price surge could lift global inflation by 60 bps, trim 2026 growth: Gita Gopinath
16-Mar-2026

A sharp rise in crude oil prices could push global inflation higher and slow down global economic growth in 2026, according to Gita Gopinath, former Chief Economist of the International Monetary Fund (IMF). Reacting to the recent surge in crude prices globally, Gopinath said that if oil prices average around USD 85 per barrel in 2026, it could significantly impact global economic indicators.

News Source:- https://economictimes.indiatimes.com/industry/energy/oil-gas/oil-price-surge-could-lift-global-inflation-by-60-bps-trim-2026-growth-gita-gopinath/articleshow/129599733.cms