IMF, World Bank: Middle East truce may not avert economic fallout
The International Monetary Fund and the World Bank Group say a tentative U.S.-Iran truce in the Middle East could still produce economic consequences, with particular concern over food prices.
The International Monetary Fund and the World Bank Group are closely watching the tentative truce between the U.S. and Iran in the Middle East. Both organizations warned the agreement may not ease economic fallout, highlighting particular risks to food prices.