A renewed oil-price rise could lift inflation and force central banks to keep policy restrictive.
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Important Points for Exam
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- 1Hormuz
- 2Oil supply
- 3Inflation
- 4Monetary policy
The IMF says the energy shock linked to the Middle East conflict is not over.
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Important Points for Exam
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Correct answer: B
A renewed oil-price rise could lift inflation and force central banks to keep policy restrictive.