Middle East conflict risks sharp rise in oil prices, says IMF

Middle East conflict risks sharp rise in oil prices, says IMF - short news


In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares

An escalating Middle East conflict risks leading to higher oil prices, a reversal of the recent fall in inflation and a puncturing of the optimistic mood in financial markets, the International Monetary Fund has warned.

The Washington-based IMF said it was closely monitoring events in the region after Iran’s missile strike on Israel at the weekend and stressed the possibility that..


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source: The Guardian - 16.04.2024

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