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Groups warn Middle East truce may not ease economic fallout

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(The Center Square) – The International Monetary Fund and the World Bank Group are closely watching the tentative truce between the U.S. and Iran in the Middle East, but warned of economic fallout, especially for food prices.

The International Monetary Fund and World Bank warnings show the conflict has a global impact. Energy and food prices are rising. Economies, especially import-dependent ones, are strained. As leaders try to control the crisis, ordinary people and businesses face higher costs and uncertainty.

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Originally published on thecentersquare.com, part of the BLOX Digital Content Exchange.

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