Ten Minutes On... The IMF Confronts the Iran War Oil Shock

TEN MINUTES ON…

In this episode of Ten Minutes On…, Guy Burton examines how the US–Israel war with Iran is feeding into a global economic shock, just as the IMF and World Bank convene in Washington. With oil prices surging, energy supplies disrupted and growth forecasts under pressure, the conflict is no longer just a regional security issue but a driver of inflation, market instability and widening inequality worldwide. Drawing on early signals from the IMF’s latest outlook, the episode explores how a prolonged crisis in the Gulf — including risks around the Strait of Hormuz — could cut global growth, hit developing economies hardest and reshape trade and energy flows for years to come.

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