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799 IMF director says shock from US-Iran War is already 'baked' into the economy

Business Insider
Lauren Edmonds,Lakshmi Varanasi @ Business Insider · 04/12/2026 21:00 EDT

IMF director says shock from US-Iran War is already 'baked' into the economy

War has ravaged the Middle East for 43 days, but the damage could take years to repair amid tension at the Strait of Hormuz and damaged oil hubs.

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