Oct 13, 2026
IMF warns global economy nearing limits of resilience as oil stocks deplete
The International Monetary Fund cautioned that the global economy could soon test the limits of its resilience due to depleted emergency oil stocks and overstretched government budgets, despite upgrading its 2026 growth forecast to 3.1%. The warning comes as the world economy faces ongoing energy shocks from Middle East conflicts, including the prolonged closure of the Strait of Hormuz.
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