{"id":904836,"date":"2026-05-10T08:14:15","date_gmt":"2026-05-10T13:14:15","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/10\/saudi-actions-mitigate-hormuz-disruption-impact-imf\/"},"modified":"2026-05-10T08:14:15","modified_gmt":"2026-05-10T13:14:15","slug":"saudi-actions-mitigate-hormuz-disruption-impact-imf","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/10\/saudi-actions-mitigate-hormuz-disruption-impact-imf\/","title":{"rendered":"\u200eSaudi actions mitigate Hormuz disruption impact: IMF"},"content":{"rendered":"<div id=\"articledetail\">\n<p><img decoding=\"async\" alt=\"Saudi actions mitigate Hormuz disruption impact: IMF\" src=\"https:\/\/argaamplus.s3.amazonaws.com\/ada23672-5669-4350-a932-b57db12b4fbd.png\"><\/p>\n<p>Logo of\u00a0International Monetary Fund (IMF)<\/p>\n<hr>\n<p>Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), said Saudi Arabia\u2019s early response to the US-Iran conflict and the disruption of shipping through the Strait of Hormuz helped contain the crisis fallout and underscored the Kingdom\u2019s resilience.<\/p>\n<p>Speaking to Al Eqtisadiah, Azour added that in the first weeks of the conflict, Saudi Arabia rerouted oil shipments across the East-West pipeline, easing price pressures triggered by the strait\u2019s closure. He also praised efforts to keep transit flowing through ports and airports, including hosting aircraft from multiple countries.<\/p>\n<p>He said identifying the drivers of imbalances is a top priority, including distinguishing between structural factors, financial conditions and policy-driven distortions. The Kingdom supports strengthening the role of international institutions in improving data quality, analytical tools and global coordination, while taking into account country-specific conditions\u2014particularly for commodity exporters\u2014to avoid a one-size-fits-all approach.<\/p>\n<p>Moreover, deeper multilateral cooperation, alongside orderly adjustments that balance surplus and deficit economies, is essential to reduce vulnerabilities, limit negative spillovers and support stronger, more sustainable global growth, Azour added.<\/p>\n<\/p><\/div>\n<p> Elroy Grisby<br \/><a href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1897375\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Logo of\u00a0International Monetary Fund (IMF) Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), said Saudi Arabia\u2019s early response to the US-Iran conflict and the disruption of shipping through the Strait of Hormuz helped contain the crisis fallout and underscored the Kingdom\u2019s resilience. Speaking to Al Eqtisadiah<\/p>\n","protected":false},"author":1,"featured_media":904837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4489,2059],"tags":[21910,6433],"class_list":{"0":"post-904836","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-actions","8":"category-saudi","9":"tag-actions","10":"tag-saudi"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/904836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=904836"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/904836\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/904837"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=904836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=904836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=904836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}