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IMF chief warns prolonged conflict and $125 oil could worsen global outlook

First seen: Aug 23, 2026, 4:46 AM UTCUpdated: Aug 23, 2026, 4:46 AM UTC

Kristalina Georgieva warned that if a conflict continues until 2027 and oil reaches $125 per barrel, the consequences would be much worse.

A prolonged conflict and sharply higher oil prices could intensify global economic pressure.

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