IMF Warns of Recession, Issues Advice to Governments
5/13/2026 5:58:52 PM
The International Monetary Fund (IMF) has warned that a global recession risk could emerge if oil prices remain elevated through 2027.
In its latest remarks, the IMF also urged European governments to adopt targeted measures to address rising oil prices, alongside a clear and structured strategy to manage and eventually exit the ongoing crisis.
In its latest remarks, the IMF also urged European governments to adopt targeted measures to address rising oil prices, alongside a clear and structured strategy to manage and eventually exit the ongoing crisis.