![\"IMF](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/04\/IMF-boss-Kristalina-Georgieva.webp.png\")
\t\tKristalina Georgieva has warned of mass fuel shortages. \t<\/p>\n\t\t\tThursday 09 April 2026 3:00 pm
\n\t\t\t\t\t\u00a0|\u00a0\u00a0Updated:\u00a0<\/p>\n
\t\t\tThursday 09 April 2026 1:45 pm\n\t<\/p>\n
\t\tKristalina Georgieva has warned of mass fuel shortages. \t<\/p>\n
Several fuel shortages, hunger and spiralling inflation will be some of the consequences of the Iran war as the head of the International Monetary Fund said that it would leave \u201cscarring effects\u201d on the global economy.\u00a0<\/p>\n
In a speech by Kristalina Georgieva, the IMF<\/a>\u2019s managing director, global policymakers were warned that trade disruption across the Middle East over the last month would lead to lower growth and higher inflation.<\/p>\n The impact of the war<\/a> was also predicted to be uneven between different countries depending on levels of energy imports and their proximity to the war, according to the world\u2019s foremost economic organisation.<\/p>\n Georgieva\u2019s address on Thursday morning underlined the consequences of what one month of the US and Israel\u2019s war with Iran<\/a>, and the subsequent hold-up in trading flows across the Strait of Hormuz, would mean for the world economy.\u00a0<\/p>\n She warned the most severe fuel disruptions will come for islands in the Pacific Ocean, with the ripple effects then spreading around the world.\u00a0<\/p>\n She also said that 45m more people would suffer from food insecurity while there were \u201cwarning lights flashing red\u201d for fuel shortages in several countries.\u00a0<\/p>\n Inflation expectations could also \u201cbreak anchor and ignite a costly inflation process\u201d, though Georgieva said long-run confidence in price growth among households and businesses presented \u201cvery good and very important\u201d readings.\u00a0<\/p>\n IMF: Fuel shortages to lead to \u2018ripple effects\u2019<\/p>\n The IMF chief added that infrastructure damage, particularly at Qatar\u2019s Ras Laffan gas complex that is critical for energy supplies<\/a> in Asia, would lead to \u201cno neat and clean return to the status quo\u201d.\u00a0<\/p>\n The IMF<\/a> will update its economic forecasts next week, which will feature specific changes on the outlook for the UK economy.\u00a0<\/p>\n \t\t\t\t\tRead more<\/p>\n \t\t\tWhy high oil prices could plunge world into recession by the summer<\/a><\/p>\n Georgieva asserted that the world economy would suffer from lower growth and warned decision-makers \u201cnot to make things worse\u201d.\u00a0<\/p>\n \u201cI appeal to all countries to reject go-it-alone actions\u2014export controls, price controls, and so on\u2014that can further upset global conditions,\u201d she said.\u00a0<\/p>\n \u201cDon\u2019t pour gasoline on the fire.\u201d<\/p>\n