IMF says it is monitoring Middle East turmoil, too early to assess impact

The International Monetary Fund said on Tuesday it was closely monitoring developments in the Middle East, noting disruptions to trade and economic activity, surging energy prices and increased financial market volatility.

The IMF said it was too early to assess the economic impact on the region or globally, which will depend on the extent and duration of the conflict.

-Rajveer Singh Pardesi/Reuters