IMF’s Georgieva warns Middle East conflict could push global inflation higher

March 9 (Reuters) - IMF Managing Director Kristalina Georgieva ​on Monday warned ‌of inflation risks from the Middle East conflict, ​saying a 10% ​increase in oil prices, ⁠if persistent through ​most of the year, ​would result in a 40-basis-point increase in global inflation.

"We ​are seeing resilience ​tested again by the new ‌conflict ⁠in the Middle East," Georgieva said, speaking in a symposium ​hosted ​by ⁠Japan's finance ministry.
"My advice to policymakers ​in this new ​global ⁠environment is think of the unthinkable and ⁠prepare ​for it," ​she said.