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Oil prices rise as Iran deploys new tactics to target ships transiting Hormuz

Oil prices rise as Iran deploys new tactics to target ships transiting Hormuz

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IMF: Saudi Attacks Could Have Negative Spillover 'Everywhere'

International Monetary Fund head Kristalina Georgieva said Wednesday that recent attacks on Saudi Arabia could impact people "everywhere” as "the Saudi economy is important for the region and the world." Given the Saudi economy’s importance, “these developments have potentially negative spillovers for everybody, everywhere," IMF managing director Georgieva said at a news conference during the Annual Meetings of the Fund and World Bank in Bangkok.

Asharq Al-Awsat English