IMF: Energy, Commodity Prices to Take Time to Normalize Post-US-Iran Deal
Economy

IMF: Energy, Commodity Prices to Take Time to Normalize Post-US-Iran Deal

The IMF stated that while energy and commodity prices have fallen following the US-Iran ceasefire, normalization will take time. The Fund expressed concern about the impact on energy-importing developing countries, particularly in Africa. Oil prices have dropped to around $73 a barrel from over $100.

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