What to know

• The IMF chief said the global economy had “weathered the energy shock caused by the closure of the Strait of Hormuz better than we feared” due to a combination of factors, including drawdowns of oil and gas reserves and increases in non-Gulf supply.S1
• IMF chief says risks to outlook more balanced than around Spring Meetings but remain tilted to downsideS2
• Washington: The global economy has weathered the oil shock caused by the closure of the Strait of Hormuz "better than feared" due to various factors, including an investment boom in artificial intelligence, IMF Managing Director Kristalina Georgieva has said.“...S3