BusinessIMF Warns Oil Prices to Stay High Until 2027, Pressuring Global Economy
The International Monetary Fund (IMF) warned that despite the end of the Gulf conflict, high energy prices could persist until 2027, posing serious challenges to the global economy. Crude oil prices remain near $100 per barrel due to uncertain Gulf supply, high transport costs, and structural refining capacity shortages. This is driving inflation and impacting economic growth worldwide, said IMF Managing Director Kristalina Georgieva.
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