Finance ministers from 11 countries, including Britain, Australia, and Japan, warned that the ongoing conflict in the Middle East will continue to impact global economic growth, inflation, and financial markets, even with a durable resolution. Their joint statement, issued during the IMF and World Bank Spring Meetings in Washington, highlighted that renewed hostilities or disruptions, particularly in the Strait of Hormuz, could exacerbate risks to energy security and supply chains. The ministers committed to ensuring that domestic responses remain fiscally responsible and targeted towards those who need support the most. They also called on all nations to refrain from protectionist actions, such as unjustified export controls and trade barriers, which could further complicate the crisis. The statement reflects a growing consensus among global leaders about the interconnectedness of geopolitical stability and economic health.