The International Monetary Fund (IMF), the World Bank, and the International Energy Agency (IEA) confirmed that the impact of the war in the Middle East is 'significant, global, and highly uneven,' anticipating a continued rise in fuel and fertilizer prices due to infrastructure damage. The heads of the three organizations issued a joint statement on Monday following a meeting in Washington. The meeting was part of a coordination group established in early April to discuss the war's repercussions on global energy and the economy.
The International Monetary Fund (IMF), the World Bank, and the International Energy Agency (IEA) confirmed that the impact of the war in the Middle East is 'significant, global, and highly uneven,' anticipating a continued rise in fuel and fertilizer prices due to infrastructure damage. The heads of the three organizations issued a joint statement on Monday following a meeting in Washington. The meeting was part of a coordination group established in early April to discuss the war's repercussions on global energy and the economy.
The International Monetary Fund (IMF), the World Bank, and the International Energy Agency (IEA) confirmed that the impact of the war in the Middle East is 'significant, global, and highly uneven,' anticipating a continued rise in fuel and fertilizer prices due to infrastructure damage. The heads of the three organizations issued a joint statement on Monday following a meeting in Washington. The meeting was part of a coordination group established in early April to discuss the war's repercussions on global energy and the economy.
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IMF, World Bank, and IEA: "Iran War" Impact is Global and Disproportionate Across Nations
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