The International Monetary Fund is monitoring escalating West Asia tensions. Disruptions to trade and energy markets are intensifying. It is too early to assess the full economic impact on the region and the global economy. India’s Petroleum Minister stated the country is fully prepared with robust energy supplies and adequate crude oil inventories.The International Monetary Fund is monitoring escalating West Asia tensions. Disruptions to trade and energy markets are intensifying. It is too early to assess the full economic impact on the region and the global economy. India’s Petroleum Minister stated the country is fully prepared with robust energy supplies and adequate crude oil inventories.
