The IMF World Economic Outlook report states that in a scenario of escalating conflict in the Middle East, oil prices will reach $130 per barrel in the first quarter of 2027, causing a 0.2 percentage point decline in global economic growth in 2026 an

2026-10-13

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