08-April-2026
Economy News
 
Middle East War Means 'All Roads' Lead to Higher Prices, Slower Growth, IMF Chief Says
07-Apr-2026

The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday, ahead of a forecast for the world economy planned by the global lender for next week. The war has triggered the worst-ever disruption in global energy supply, with millions of barrels of oil production shuttered due to Iran's effective blockage of the Strait of Hormuz, crucial for shipping one-fifth of the world's oil and gas.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-06/war-in-middle-east-will-lead-to-slower-growth-higher-inflation-imf-chief-tells-reuters