IMF: Middle East conflict triggers energy supply shock, Asian economies face multiple pressures

The report indicates that Asia’s overall fundamentals will remain solid through early 2026. Despite previous shocks from US tariffs and uncertainties in trade policy, the region’s economic growth is expected to remain resilient and trade will stay robust in 2025. However, as tensions in the Middle East escalate, rising energy prices are becoming the main external shock affecting the economic outlook. Read more