IMF cuts global growth forecast during Hormuz blockade
Higher global inflation forecast at 4.4 percent, up 0.6 points, driven by surging oil, gas and fertiliser costs.
Higher global inflation forecast at 4.4 percent, up 0.6 points, driven by surging oil, gas and fertiliser costs. Grouped from 4 articles across 3 sources.
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Higher global inflation forecast at 4.4 percent, up 0.6 points, driven by surging oil, gas and fertiliser costs.
The International Monetary Fund has warned that the world economy could be "thrown off course" by war in the Middle East and energy disruptions. DW has more.
The International Monetary Fund paints three economic outlook scenarios that each get progressively worse depending on how long Middle East energy supplies are disrupted.
The fragile truce in the Middle East and the stand-off in the Strait of Hormuz could have dire consequences for the rest of the world. Matthew Doran has your daily update on the latest in the Middle East.
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CENTCOM contradicts reports on ships breaking blockade as Trump says US-Iran talks could resume in the next two days.
With the US military blockade of Iranian ports now in force, global energy markets are already reacting. Grouped from 11 articles across 5 sources.
Spanish PM Sanchez, a prominent critic of war, urges Beijing to ‘do more’ Grouped from 2 articles across 2 sources.
A prolonged blockage of the Strait of Hormuz for the next six to 12 months will mean an unavoidable recession, the billionaire investor said.
A US move to block the strait has intensified a broader struggle over who controls access and under what terms. Grouped from 22 articles across 10 sources.
Iran says Americans will be hit with higher fuel prices due to the blockade. Plus, summers are growing longer globally Don’t already get First Thing in your inbox? Sign up here Good morning. The US has begun blocking… Grouped from 6 articles across 5 sources.