The International Monetary Fund chief on Monday welcomed the ceasefire agreement between the United States and Iran, but warned it would take time for energy and other supply disruptions to dissipate.

The International Monetary Fund chief on Monday welcomed the ceasefire agreement between the United States and Iran, but warned it would take time for energy and other supply…

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.