JEDDAH: The International Monetary Fund has warned that US airstrikes on Iran could amplify global economic uncertainty, with potential spillovers far beyond energy markets, its head told Bloomberg on Monday. IMF Managing Director Kristalina Georgieva said that the fund is closely monitoring the situation in the Middle East, particularly the impact of the conflict on oil and gas prices and supply routes.

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Oil prices could rise if Iran goes ahead with threat to shut down shipping in the strait of Hormuz

JEDDAH: The International Monetary Fund has warned that US airstrikes on Iran could amplify global economic uncertainty, with potential spillovers far beyond energy markets, its…

US airstrikes on Iranian nuclear sites on Sunday (22 June) raised “deep concerns” of an imminent international conflict, according to The Independent international correspondent,…