The Globe and Mail reports in its Tuesday edition that the International Monetary Fund warned Monday that the Iran war will drive up inflation and slow global growth. A Reuters dispatch to The Globe reports that the conflict has caused unprecedented disruptions to global energy supply, with millions of barrels of oil production halted after Iran blocked the Strait of Hormuz. IMF director Kristalina Georgieva says even if the conflict is swiftly resolved, the IMF is set to reduce its forecasts for economic growth and bump up its outlook for inflation. The IMF is expected to release a range of scenarios in its upcoming World Economic Outlook due on April 14. The IMF hinted at a possible downgrade in a March 30 blog post, attributing it to the war's asymmetric shock and tighter financial conditions. Without the war, the IMF had forecast a slight upgrade in global growth to 3.3 per cent in 2026 and 3.2 per cent in 2027. Ms. Georgieva says, "All roads now lead to higher prices and slower growth." The war is expected to dominate the IMF-World Bank spring meetings in Washington next week, with finance officials flying in from around the world. Ms. Georgieva says poor, vulnerable countries with no energy reserves will be hardest hit.