IMF and World Bank warn West Asia war is straining energy supplies, impacting vulnerable economies through rising fuel prices.

Tehran’s closure of key oil chokepoint after US-Israel war triggers global economic concerns

Strategic petroleum reserves are declining rapidly as countries release emergency crude supplies to cushion the economic impact of the Middle East conflict.

“We will not allow the Iranian government to increase its oil revenue for the purpose of reconstituting its armed forces and military capabilities,” Treasury Secretary Scott…

May 29 (Reuters) - The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organization warned on Friday that the war in the Middle…

IMF and World Bank warn West Asia war is straining energy supplies, impacting vulnerable economies through rising fuel prices.