IMF warns Iran war may push interest rates up globally

Just read that the IMF chief is urging central banks to hike interest rates to control inflation, even if it slows growth, due to the Iran war's impact. The conflict has disrupted oil supplies through the Strait of Hormuz and attacks on energy sites, causing oil prices to surge over 40% and leading to major growth downgrades in the Gulf. Analysts compare this to past oil shocks, and she warns there's no quick fix to the damage, overshadowing any positive trends like AI investment. Stay informed, everyone. https://www.thenationalnews.com/business/economy/2026/04/09/imf-chief-warns-iran-war-could-lead-to-higher-interest-rates/