The Oil Market Absorbed the War Shock, but Buffers Are Running Low - International Monetary Fund | IMF
The Oil Market Absorbed the War Shock, but Buffers Are Running Low - International Monetary Fund | IMF
Source: International Monetary Fund | IMF
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DW NOTE
The IMF declares the war shock "absorbed" while Iran has had the Strait of Hormuz largely blocked for four months and Ukrainian strikes have triggered fuel shortages inside Russia. If this is absorption, wait until the buffer runs out.