IMF says it is monitoring Middle East turmoil, too early to assess impact

TOPSHOT - Smoke plumes billow following Israeli bombardment on Beirut's southern suburbs on March 2, 2026. The war launched by the United States and Israel against Iran spread across the Middle East on March 2 with Lebanon's Hezbollah entering the fray and a British air base in Cyprus targeted. (Photo by IBRAHIM AMRO / AFP)

THE International Monetary Fund said on Tuesday it was closely monitoring developments in the Middle East, noting disruptions to trade and economic activity, surging energy prices and increased financial market volatility.

The IMF said it was too early to assess the economic impact on the region or globally, which will depend on the extent and duration of the conflict. - Reuters