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Iran war already taking a toll on the global economy, IMF says in new forecast The Washington PostMiddle East War Will Slow Global Economic Growth, I.M.F. Warns The New York TimesIMF warns global economy at risk of recession if Iran war persists BBCJoint Statement on 13 April by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group IEA - International Energy AgencyIMF Warns of Deep Global Downturn if
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JPMorgan CEO Jamie Dimon called the economy resilient, but pointed to an "increasingly complex set of risks" across global markets.
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Since the start of the Iran conflict, investors around the world have been worried that tight global oil supplies and high prices could eventually lead to a drop in demand. According to the International Energy Agency, these risks are finally starting to materialize.
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The April FMS was eagerly awaited given the oil price shock caused by events in the Middle East. While sentiment darkened, though, investors seem reluctant to cut risk significantly.
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