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26 August 2026World Economy

IMF says global economy weathered Iran-war energy shock better than feared

The global economy has shown more resilience to the energy shock than expected.

The IMF cited reserve drawdowns, more non-Gulf supply, softer demand and renewable capacity, while warning downside risks remain.

Important Points for Exam

Quick revision notes

  1. 1IMF
  2. 2Energy shock
  3. 3Resilience
  4. 4Downside risks

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Practice Questions

1 MCQ

Q1. Which statement correctly describes “IMF says global economy weathered Iran-war energy shock better than feared”?

Correct answer: A

The IMF cited reserve drawdowns, more non-Gulf supply, softer demand and renewable capacity, while warning downside risks remain.