IMF Chief Says Global Prices Will Take Time to Recede After War
Global prices will take time to come down to levels seen before the US-Israeli war with Iran even if a ceasefire holds, International Monetary Fund Managing Director Kristalina Georgieva said.
- Oil prices skyrocket past $100 after US announces Strait of Hormuz blockade Times Of India —
- Asian markets fall as oil surges past $100 after talks collapse Middle East Eye —
- Oil jumps above $100 after US-Iran talks end without a deal BBC News —
- Oil Climbs as U.S.-Iran Peace Talks Fail, U.S. Navy Starts Blockade of Strait of Hormuz Wall Street Journal —
- Stocks drop and oil surges back above US$100 as US’ blockage of Hormuz escalates war South China Morning Post —