Baku. Konul Jafarli – APA. International Monetary Fund (IMF) has warned that if Iranian oil supplies are disrupted, crude prices may spike by up to 30 percent, sending shockwaves through the global economy, APA reports quoting “Press TVâ€.
"Clearly it would be a shock to economies if there was a major shortage of exports of oil out of Iran and it would certainly drive up prices," AFP quoted IMF Director Christine Lagarde on Tuesday.
Lagarde added that according to IMF calculations, an interruption in oil supplies from Iran could increase oil prices by 20 to 30 percent.
IMF: “Interruption in oil supplies from Iran could increase oil pricesâ€
23 March 2012 16:54 (UTC +04:00)
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