IMF Says Energy, Commodity Prices Fall After Iran Deal but Will Take Time to Normalise
15 Articles
15 Articles
The International Monetary Fund (IMF) appreciates that the agreement between the US and Iran on the cessation of hostilities and the reopening of the Ormuz Straits has reduced the pressure on the energy markets and raw materials. However, the institution warns that it will take time for the complete return to normal prices and trade flows in the Gulf region.
IMF says energy, commodity prices fall after Iran deal but will take time to normalise
WASHINGTON - The International Monetary Fund said Thursday that it has seen energy and commodity prices fall since the US-Iran agreement to halt hostilities and reopen the Strait of Hormuz, but it will take time for prices and Gulf trade flows to normalize.
Times of India
IMF says it will take time for energy, commodity prices to normalize after US-Iran deal
The IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take time. While inflationary expectations remain anchored, the Fund is particularly concerned about developing nations, especially in Africa, that are net energy importers. India's domestic demand is robust, with real GDP growth projected at 6.5% for the 2026-2027 fiscal year.
Getty Images. Energy and commodity prices have fallen since the United States and Iran agreed to halt hostilities and reopen the Strait of Hormuz. However, the International Monetary Fund warns that a full normalization of prices and trade flows in the Persian Gulf will take time. IMF spokeswoman Julie Kozack said Thursday that the recovery depends on the ceasefire holding. The Fund will decide on July 8 whether to maintain the three economic gr…
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