IMF director says shock from US-Iran War is already 'baked' into the economy

Business Insider — Apr 13, 01:00 AM

War has ravaged the Middle East for 43 days, but the damage could take years to repair amid tension at the Strait of Hormuz and damaged oil hubs.

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Oil Prices Surge Past $100

Oil prices skyrocket past $100 after US announces Strait of Hormuz blockade
Times Of India — Apr 13, 02:02 AM
Asian markets fall as oil surges past $100 after talks collapse
Middle East Eye — Apr 13, 02:01 AM
Oil jumps above $100 after US-Iran talks end without a deal
BBC News — Apr 12, 23:43 PM
Oil Climbs as U.S.-Iran Peace Talks Fail, U.S. Navy Starts Blockade of Strait of Hormuz
Wall Street Journal — Apr 13, 02:12 AM
Stocks drop and oil surges back above US$100 as US’ blockage of Hormuz escalates war
South China Morning Post — Apr 13, 01:54 AM