Surge in crude prices could raise global inflation by 60 bps, cut growth by up to 0.4 pp in 2026: Gita Gopinath

Iran Herald · March 16, 2026 Sanctions

New Delhi [India], March 16 (ANI): A sharp rise in crude oil prices could push global inflation higher and slow down global economic growth in 2026, according to Gita Gopinath, former Chief Economist of the International Monetary Fund (IMF).