The conflict has driven up prices of oil, natural gas, damaged refineries and other energy infrastructure.

IMF head warns Middle East war will lead to higher inflation and slower global growth

Higher inflation and weaker growth ahead are inevitable for the global economy as a consequence of the Iran war, the head of the International Monetary Fund warned on Monday as…

The conflict has driven up prices of oil, natural gas, damaged refineries and other energy infrastructure.

A surge in prices at the pump due to the Iran war has pushed the inflation rate to 3.3%.