IMF's Georgieva warns Middle East conflict could push global inflation higher
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FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine January 15, 2026. REUTERS/Valentyn Ogirenko/File Photo
TOKYO, March 9 (Reuters) - IMF Managing Director Kristalina Georgieva on Monday warned of inflation risks from the Middle East conflict, saying a 10% increase in oil prices, if persistent through most of the year, would result in a 40-basis-point increase in global inflation.
"We are seeing resilience tested again by the new conflict in the Middle East," Georgieva said, speaking in a symposium hosted by Japan's finance ministry.
"My advice to policymakers in this new global environment is think of the unthinkable and prepare for it," she said.
(Reporting by Makiko Yamazaki; Editing by Tom Hogue)
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