IMF Warns Economic Fallout Worsens Amid Escalating US-Israel Conflict With Iran

The International Monetary Fund has sounded the alarm on the global economic consequences of the escalating US-Israel conflict with Iran, warning that inflation and growth outlooks are under severe strain. The war, which erupted on February 28, has driven a spike in energy costs due to damaged oil infrastructure and disrupted gas supplies, compounding pressures on businesses and consumers worldwide. IMF Managing Director Kristalina Georgieva confirmed the institution will downgrade its global gr