Iran Conflict Poses Risk to Global Economy, IMF Members to Say

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:The conflict in the Middle East is a major shock that poses a “serious threat to the global economy” and will hit the poorest countries the hardest, according to a statement expected to be released by the Chair of the International Monetary and Financial Committee Friday. If prolonged, the conflict could keep oil and fertilizer prices elevated for an extended period and “amplify risks to energy and food security, global growth, inflation and external sector accounts,” the statement is expected to say, according to people familiar who spoke on condition of anonymity because the document isn’t public yet.