IMF warns global economy nearing exhaustion of shock-absorption capacity after Hormuz crisis

The IMF, meeting with the World Bank in Bangkok, released a report warning that the global economy is approaching the limits of its ability to absorb energy shocks following the Strait of Hormuz crisis. The report signals heightened systemic fragility, though specific data and policy recommendations remain undisclosed. This matters because it underscores the lingering macroeconomic impact of a major chokepoint disruption and raises the risk of a sharper global downturn if further shocks occur.