IMF Places the Middle East at the Core of the Global Growth Crisis

The IMF released official data indicating a global growth slowdown, placing Middle East security events at the forefront of the causes. The report affirmed that threats to vital corridors, especially the Strait of Hormuz, caused severe price volatility in oil and gold markets. Experts also noted, according to Bloomberg, that this disruption in global energy security has led to the redirection of billions in investments towards the EV sector as a strategic and sustainable alternative.