According to IMF Chief Kristalina Georgieva, what is the expected trajectory of oil prices following the U.S.-Iran interim peace deal?

IMF Chief Kristalina Georgieva stated that oil prices are 'likely to ease, not plummet' after the U.S.-Iran interim peace deal, as resumed shipments through the Strait of Hormuz and global efforts to replenish drawn-down reserves contribute to gradual market normalization.

What two key factors did Georgieva cite for the anticipated easing — but not sharp decline — in oil prices?

Georgieva cited (1) the resumption of oil shipments through the Strait of Hormuz enabled by the U.S.-Iran interim peace deal, and (2) countries replenishing reserves that had been drawn down — possibly building them even larger than before — as the two key factors driving a measured easing, rather than a collapse, in oil prices.

IMF Chief Expects Oil Prices to Ease, Not Plummet, After US-Iran Deal

Jun 18, 2026

IMF Chief Kristalina Georgieva stated that oil prices are expected to ease rather than plummet following the US-Iran interim peace deal, which allows resumed shipments through the Strait of Hormuz while nations replenish reserves.

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