IMF Warns Iran Conflict Could Drive Global Inflation, Impact Growth

The International Monetary Fund (IMF) has raised concerns over the potential economic fallout from the ongoing conflict involving Iran, warning that prolonged instability could push up global inflation and slow economic growth. Speaking during a press briefing on Thursday, IMF chief spokesperson Julie Kozack said the institution is closely monitoring…

Trump Signals US Control Over Venezuelan Oil Amid Political Transition

US President Donald Trump has stated that the United States would effectively “run” Venezuela until a political transition is completed, while leveraging the country’s extensive oil reserves to supply global markets. Speaking to reporters shortly after reports emerged of Venezuelan President Nicolas Maduro and his wife being captured, Trump said…