Myanmar inflation hits 25% on US-Iran fuel shock: World Bank (opens original article in a new tab)
Myanmar's inflation surged to 25% as Middle East conflict and civil war worsened economic conditions, with the World Bank lowering growth forecasts and highlighting vulnerability to fuel price shocks.
- Myanmar's inflation reached 25% due to Middle East conflict and civil war
- World Bank cut growth forecast for 2026-27 to 2% from 3%
- Myanmar imports 90% of fuel oil, making it vulnerable to Strait of Hormuz closures
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