IMF: The Middle East war may cause oil prices to reach 130 dollars in 2027

2026-10-13 10:08:43

The IMF World Economic Outlook report indicates that in a scenario of escalating war in the Middle East, oil prices will reach $130 per barrel in the first quarter of 2027, leading to a 0.2 percentage point decline in global economic growth in 2026 and a 0.5 percentage point decline in 2027.

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IMF global economy oil prices

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