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

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.

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