IMF: Mideast War Economic Impact to Depend on Duration, Damage, Energy Cost

04/03/2026 06:34 AST

The Middle East war's impact on the global economy will depend on its duration and damage to infrastructure and industries in the region, particularly whether energy price increases are short-lived or persistent, the International Monetary Fund's number ?two official said on ?Tuesday.

IMF First Deputy Managing Director Dan Katz told the Milken Institute Future of Finance conference in Washington ?that the conflict "certainly has the potential to be very impactful on the global economy across a range of across a range of metrics, whether it's inflation, growth and so on. But it's very early ?at this ?point to, you know, have any sort of firm conviction about what the likely impact is going to be."

Katz added that the economic impact will follow from the geopolitical developments and the persistence of the conflict.


Asharq Al Awsat

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