IMF Warns of Further Oil Collapse "in Five or Six Decades"

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The organism notes that its effects will be "durable" at least until 2030

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The International Monetary Fund (IMF) has warned on Thursday that the war in the Middle East has caused the biggest oil shock "in at least five or six decades." Likewise, the organization, which holds its annual meetings in Bangkok these days, has admitted that its effects will be "durable" in different sectors and will prevent the region from regaining its pre-conflict economic trajectory by 2030.

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Noticias de Navarra

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The International Monetary Fund (IMF) has warned on Thursday that the war in the Middle East has caused the biggest oil shock "in at least five or six decades." Likewise, the organization, which holds its annual meetings in Bangkok these days, has admitted that its effects will be "durable" in different sectors and will prevent the region from regaining its pre-conflict economic trajectory by 2030.