IMF Says Still on ‘High Alert’ for War Impact After Iran-US Deal

Energy IMF Says Still on ‘High Alert’ for War Impact After Iran-US Deal The International Monetary Fund said it remains on “high alert” over fallout from the Middle East war on the global economy, warning that energy supplies will take time to recover even as the US and Iran announced an agreement to reopen the Strait of Hormuz. “That the global economy is so far weathering the shock is cause for reassurance — but not complacency,” IMF Managing Director Kristalina Georgieva wrote in a blog post published Monday. “Commodity prices, inflation and expectations for it, and financial conditions have all been impacted,” she said, “but not yet in ways that signal a global slowdown.”