Cianjurpedia.com – Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said the global economic outlook would worsen significantly if the Iran conflict continued until 2027 with oil prices hovering around 125 US dollars (Rp. 2.1 million) per barrel.
“If this situation continues until 2027 and oil prices are around 125 US dollars, more or less, then we will have to wait for much worse results,” said Georgieva at a Milken Institute event on Monday, May 4 2026.
He noted that this scenario could push inflation higher and cause inflation expectations to become uncontrollable.
At the end of February, the United States and Israel began launching attacks on a number of targets in Iran, causing damage and civilian casualties.
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In early April, America and Iran announced a two-week ceasefire and held talks in Islamabad, which unfortunately ended without success.
US President Donald Trump then extended the ceasefire to give Iran time to work out a “integrated proposal”.
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The escalation of the conflict has almost stopped traffic in the Strait of Hormuz, which is an important route for shipping oil and liquefied natural gas from Persian Gulf countries to global markets, pushing up fuel prices.
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However, Monday (4/5), Trump said he was starting to see energy prices fall and predicted prices would decline significantly after the war ended.***
Source: ANTARA
