Why Iran war threatens a major global energy crisis
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The world economy is heading into a major energy crisis, the IMF has warned, unless a durable solution is found soon to end the Iran war.
It has raised inflation forecasts for this year and cut growth projections – particularly for countries directly affected by the fighting, like Saudi Arabia, and for countries that import a lot of their energy needs.
UK takes major hit
The UK has taken a particular hit, with the largest reduction in growth projections for any major country in
The world economy is heading into a major energy crisis, the IMF has warned, unless a durable solution is found soon to end the Iran war.
It has raised inflation forecasts for this year and cut growth projections – particularly for countries directly affected by the fighting, like Saudi Arabia, and for countries that import a lot of their energy needs.
UK takes major hit
The UK has taken a particular hit, with the largest reduction in growth projections for any major country in
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