EconomyIMF: Much of the capacity to contain the energy crisis is exhausted
The International Monetary Fund says the room to contain the energy crisis is narrowing as tensions flare again in the Strait of Hormuz. Spare capacity has already been deployed, while demand has been compressed and inventories have been drawn down. Those pressures leave less room to respond, with the remaining margin continuing to shrink. The assessment points to a steadily tighter energy buffer as the situation develops.
IMF: Much of the capacity to contain the energy crisis is exhausted