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International Business Times
International Business Times
Science
Daniel AVIS

Mideast-related Oil Price Spike Threatens 'Relatively Good' Economic Outlook: IMF Chief Economist

PierreOlivier Gourinchas Oil Economy International Monetary Fund WEO Middle East United States
International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas speaks during an interview with AFP at the IMF headquarters in Washington, DC, on April 15, 2024. The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, Gourinchas told AFP. (Credit: AFP)

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, its chief economist told AFP.

"We are projecting a global economy that is quite resilient for 2024," Pierre-Olivier Gourinchas said in an interview ahead of the publication of the International Monetary Fund's World Economic Outlook (WEO) report on Tuesday.

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