The Guardian Australia – Business
·business
·5 hours ago
IMF warns US-Israel war on Iran may spark global recession and energy
The International Monetary Fund warned that the ongoing US-Israel war on Iran could trigger an unprecedented energy crisis, potentially leading to a global recession. As Australia prepares for G20 fuel talks, Treasurer Jim Chalmers noted that global growth could plunge to just 2% by 2026 under adverse conditions. Higher fuel costs are already impacting household confidence in Australia.
Summary by Glance · The Guardian Australia – Business
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