International Monetary Fund & Fatih Birol

International Monetary Fund: The International Monetary Fund downgraded its forecast for global growth and increased its expectation for global inflation due to the Iran war, warning of a potential recession in a severe scenario.

Fatih Birol: Fatih Birol, executive director of the International Energy Agency, warned that Europe only has six weeks' supply of jet fuel due to Iran's chokehold on the Strait of Hormuz, potentially leading to flight cancellations.

International Monetary Fund: The International Monetary Fund has warned that prolonged conflict could push the world to the brink of recession due to the oil price shock caused by the closure of the Strait of Hormuz.

Fatih Birol: Fatih Birol, head of the International Energy Agency, provided a warning about the potential severity of energy market disruptions in April, highlighting the ongoing economic concerns.

Fatih Birol: Fatih Birol, chief of the International Energy Agency, highlighted the severity of the global energy disruption and the damage to oil and gas facilities in the Middle East.