Washington, DC, US (PANA) - The International Monetary Fund (IMF) says it is closely monitoring developments in the Middle East following the war being waged by the US and Israel agianst Iran.
A press release issued by the Communications Department of the IMF in Washington, DC, on Monday said so far, it has observed disruptions to trade and economic activity, surges in energy prices, and volatility in financial markets.
“The situation remains highly fluid and adds to an already uncertain global economic environment,” the IMF said.
It added that it is too early to assess the economic impact on the region and the global economy, adding that the the impact will depend on the extent and duration of the conflict.
The IMF said it will provide a comprehensive assessment in its April World Economic Outlook.
The US and Israel on Saturday launched a major military campaign against Iran, striking targets across the country that claimed the life of Iranian Supreme leader, Ayatollah Ali Khamenei. Dozens of members of the Iranian leadership have also been eliminated.
The escalation has resulted in casualties, growing regional tensions and instability.
Iran has also been hitting targets countries that host US troops – Saudi Arabia, Kuwit, Qatar, UAE, Oman.
About 1,100 people are reported to have been killed in Iran.
-0- PANA MA 4March2026
