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Renewed Middle East conflict will buffet world economy, IMF warns
The IMF warns that renewed Middle East conflict risks global economic growth and inflation, citing potential commodity price volatility, supply chain disruptions, and financial instability. The U.S. ceasefire with Iran is under threat after military strikes, with President Donald Trump declaring the peace process 'over'.
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Adjacent reporting
- Trump threatens Iran, undermining fragile ceasefire
- Head of IMF says Iran war will permanently scar global economy even if peace is reached
- IMF warns inflation threat looms large over global economy
- Iran war escalation could trigger global recession, IMF warns
- Economic fears over US-Iran conflict mount
- Israel and Iran trade strikes, threatening to drag the region back into full-scale war