India Well Stocked with Crude Oil, Inventories of Key Petroleum Products: Hardeep Singh Puri
- The International Monetary Fund is closely monitoring the escalating tensions in West Asia but says it is too early to assess the economic impact on the region and the global economy, which depends on the conflict's extent and duration.
- The IMF has observed disruptions to trade and economic activity, surges in energy prices, and volatility in financial markets amid the tensions in West Asia.
11 Articles
11 Articles
Too early to assess economic impact on region, global economy: IMF on West Asia conflict - The Tribune
Amid escalating tensions in West Asia, the International Monetary Fund (IMF) on Tuesday said that it is 'closely monitoring developments' and it will be too early to assess the economic impact on the region and the global economy.
India's Petroleum Ministry Assures Availability, Affordability of Energy Amid West Asia Crisis
Get latest articles and stories on Business at LatestLY. "We are continuously monitoring the evolving situation, and all necessary steps will be taken in order to ensure availability and affordability of major petroleum products in the country," the Ministry of Petroleum and Natural Gas said in a post on X. Business News | India's Petroleum Ministry Assures Availability, Affordability of Energy Amid West Asia Crisis.
The impact of the joint US military operation will depend on the duration and extent of the damage suffered by the region's infrastructure and industries...More...
IMF Decries Rising Energy Costs, Trade Disruptions Amid Middle East Tensions
The International Monetary Fund has expressed concern over rising energy prices and disruptions to global trade caused by the crisis in the Middle East. This was stated in a publication on the IMF website on Tuesday. The global monetary body broke its silence as the United States–Israeli war against Iran entered its fourth day. What IMF is saying The IMF said it is closely monitoring the situation but warned that the conflict would add to global…
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