The global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not yet evident. The IMF chief noted a recent agreement to reopen the Strait of Hormuz. An updated economic forecast is due soon. The IMF previously outlined scenarios for future growth.

The global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not yet evident. The IMF chief noted a recent…

The IMF warns that the US-Iran framework deal won't quickly restore energy supply after the Strait of Hormuz closure caused a 13% drop in global oil output.