Economy & Growth

Middle East Conflict: IMF warns war could push global inflation higher

Sheron
Mar 10 2026
49

The International Monetary Fund (IMF) is warning that the Middle East conflict poses risks for global inflation and has made energy security a top concern. Managing Director Kristalina Georgieva said a 10% increase in oil prices, if persistent through most of the year, would result in a 40-basis-point increase in global inflation.

“We are seeing resilience tested again by the new conflict in the Middle East,” Georgieva said, speaking in a symposium hosted by Japan’s finance ministry.

“My advice to policymakers in this new global environment is to think of the unthinkable and prepare for it,” she said.

source: The Morning