Asia’s economic pain deepens as Iran war drags on
Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy
Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy

Some of the world’s biggest fuel importers rush to secure oil and gas supplies as Middle East conflict chokes flow

Consumers feel effects of conflict while many expect Strait of Hormuz stand-off to exacerbate stagnation

Surge in prices highest since May 2024 as Iran conflict triggers historic surge in petrol prices

IMF/World Bank spring meetings hear warnings that some developing countries may require additional lending

Bank sees risks of surge in government borrowing costs and of hit to ‘rich’ asset prices

Poorer countries face a triple whammy of crises in fuel, food and remittances