Reserves that prevented 'full-blown' oil shock running low, IMF says
business
Per the International Monetary Fund, global oil reserves have served as an economic buffer, preventing the worst fallout from an oil price shock. Now those reserves are dwindling, leaving the global economy more vulnerable to the next oil price spike.
Source: https://www.abc.net.au/news/2026-07-15/oil-reserves-spent...
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