IMF Comments on Energy Price Surge The International Monetary Fund is closely monitoring the war in Iran and its impact on energy production, noting that rising energy prices can increase global inflation and decrease growth. The IMF is prepared to assist member countries if needed and will include the conflict’s economic impact in its upcoming global economic outlook update.

• The IMF is closely monitoring the war in Iran and energy production disruptions.
• Prolonged increases in energy prices could lead to higher global inflation and reduced growth.
• The conflict has already caused significant disruptions to oil and natural gas shipments, raising crude oil prices by over 50%.
• The IMF is ready to provide emergency financing to member countries if requested.
• A 10% sustained increase in energy prices could result in a 0.4 percentage point rise in global inflation and a 0.1%-0.2% drop in output.
• The IMF will incorporate the war’s impact into its mid-April global economic outlook update.