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IMF warns high oil prices may continue well into 2027

Washington: High energy prices could persist into 2027 even if the war in the Gulf ends soon, the International Monetary Fund (IMF) warned Wednesday, October 7, saying oil remains around USD 100 a barrel while constraints on refining and natural gas supplies are adding to inflation and weighing on global growth. IMF Managing Director Kristalina Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

7 Oct 2026 8:18 pm