IMF warns prolonged Israeli-US war could worsen global growth outlook

<article data-history-node-id="439595" about="https://www.middleeasteye.net/live-blog/live-blog-update/imf-warns-prolonged-israeli-us-war-could-worsen-global-growth-outlook" class="live-blog-update default clearfix"> <h2> <a href="https://www.middleeasteye.net/live-blog/live-blog-update/imf-warns-prolonged-israeli-us-war-could-worsen-global-growth-outlook" rel="bookmark"> <span class="field field-title">IMF warns prolonged Israeli-US war could worsen global growth outlook</span> </a> </h2> <div class="content"> <div class="field field-field-text"><section data-scroll-anchor="false" data-testid="conversation-turn-200" data-turn="assistant" data-turn-id="request-69f45dd3-8d4c-83eb-b79d-1544f51fcc2d-69" dir="auto"> <p data-end="487" data-start="304">The International Monetary Fund says its earlier projections for the economic impact of the war involving Iran no longer hold, as risks to global growth and prices increase.</p> <p data-end="653" data-start="489">Managing Director Kristalina Georgieva said previous expectations of a limited slowdown and modest price rises have been overtaken by developments.</p> <p data-end="733" data-start="655">She warned that a prolonged conflict could have far more serious consequences.</p> <p data-end="847" data-is-last-node data-is-only-node data-start="735">“If the war continues into 2027 and oil prices remain at $125 a barrel, we have to expect a much worse outcome.”</p> </section> </div> </div> </article>