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الحقيقة الدولية
IMF: Oil output recovery will be gradual
The Managing Director of the International Monetary Fund, Kristalina Georgieva, welcomed the agreement between Iran and the United States to end the war that closed the Strait of Hormuz. However, she warned that restoring oil production to pre-war levels will take time due to the damage suffered by Gulf infrastructure. She emphasized that the ceasefire is a welcome step and that resuming production will require a lengthy period. She also pointed out that the global economy is generally showing resilience, although some regions, particularly in Africa, are suffering from energy shortages and rising prices. It is noted that the IMF expects to update its economic outlook in July.
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