IEA, IMF, World Bank to form coordination group on Iran war impacts Related news

Tamara Ceaikovski

ISTANBUL  The International Energy Agency (IEA), International Monetary Fund (IMF) and World Bank said Wednesday they will establish a coordination group to maximize their response to the energy and economic fallout from the war in the Middle East. In a joint statement, the heads of the three institutions said the conflict has triggered “one of the largest supply shortages in global energy market history,” with wide-ranging global impacts that are “substantial, global, and highly asymmetric,”

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