The International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced that the ongoing conflict in Iran is expected to significantly impact global economic growth and inflation rates. The IMF will present its revised global growth outlook on April 14, indicating a potential decrease in growth forecasts from previously expected rates of 3.3% in 2026 and 3.2% in 2027. The conflict has led to a 13% reduction in global oil supply, causing rising prices and strained supply chains. Georgieva highlighted that low-income, energy-importing countries are likely to be the hardest hit, as many lack the fiscal capacity to shield their citizens from increasing fuel and food costs, raising the risk of social unrest. In response, the IMF, along with the International Energy Agency and the World Bank, has formed a coordination group to manage the economic fallout, which they describe as one of the largest supply shortages in global energy market history. They also warned against broad energy subsidies, which could exacerbate inflation.