IMF Warns Asia of Energy Shock Vulnerability

The International Monetary Fund (IMF) has cautioned that Asia is particularly susceptible to an energy shock stemming from geopolitical conflicts, primarily due to its significant reliance on Middle Eastern fuel sources. An executive from the IMF warned that prolonged conflict could trigger supply shortages, leading to an acute impact on the region's economic growth. Despite entering the year on solid footing, Asia's economies face heightened risks from potential disruptions in global energy markets.