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IMF Flags $125 Oil Threat; Thailand Borrows 400bn Baht Relief

5/6/2026

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Story summary
  • International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned a Middle East war could lift to $125 per barrel, worsening outlook.
  • Georgieva said IMF projects 2.5% growth with 5.4% and 2% growth with 5.8% inflation if oil stays $125, noting fertilizer costs are 30%-40% higher and raising food prices 3%-6%.
  • Thailand’s Prime Minister Anutin Charnvirakul announced a decree to borrow up to 400 billion baht for relief and clean-energy projects.