Strait of Hormuz

The Strait of Hormuz, connecting the Persian Gulf to the Indian Ocean, caries a substantial share of global oil and liquefied natural gas flows. A disruption to shipping through the …

Washington, DC: On July 22, 2026, the Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Saudi Arabia.[1] The Saudi economy entered 2026 with strong …

The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices …

Washington, DC: A team from the International Monetary Fund (IMF), led by Mr. Abdullah AlHassan, visited Muscat, Oman, during June 7-15, 2026, to discuss economic and financial developments, the outlook, and …

Riyadh, Saudi Arabia: An International Monetary Fund (IMF) staff team, led by Mr. Azim Sadikov, visited Riyadh from April 28 to May 13, 2026 to conduct discussions for the 2026 Article …

Global commodity prices are projected to rise by 16 percent this year—the first annual increase since 2022—leaving them about 25 percent higher than anticipated in January 2026. This baseline outlook hinges …

Recent military conflict in the Middle East have once again reminded the world how vulnerable modern economies remain to sudden disruptions in global oil supply. For many developing economies, particularly …

Washington, D.C.: The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group met today as part of the coordination group they established in early April to maximize …