IMF warns of Gulf GDP decline as Hormuz closure triggered regional economic shock

The International Monetary Fund has predicted the GDP of five Middle Eastern oil-exporting countries, including three Gulf states, to decline this year due to the closure of the Strait of Hormuz and joint military operations between the United States and the Israeli occupation on one side and Iran on the other. The IMF said in … The post IMF warns of Gulf GDP decline as Hormuz closure triggered regional economic shock appeared first on Times Kuwait .

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