IMF: Prices to normalize soon
The International Monetary Fund stated that energy and commodity prices have decreased following the agreement between the United States and Iran to cease hostilities and open the Strait of Hormuz. However, a return to normal levels of prices and trade flows in the Gulf region will take some time. Forecasts indicate that global economic growth will slow to 2.5% in 2026, with oil prices remaining above $100 per barrel in May.
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