IMF says prices have eased since US-Iran agreement but Gulf trade remains disrupted

IMF says prices have eased since US-Iran agreement but Gulf trade remains disrupted The International Monetary Fund says energy and commodity prices have fallen since the United States and Iran agreed to halt hostilities and reopen the Strait of Hormuz, but warned that Gulf trade flows will take time to return to normal. IMF spokesperson Julie Kozack said the fund would decide in its 8 July World Economic Outlook update whether to maintain the three growth scenarios it issued in April, which were based on possible