The International Monetary Fund (IMF) issued its April report, warning of unprecedented repercussions from the ongoing events in the Middle East. According to the report, continuous tensions have led to a downgrade in global growth forecasts, as threats in waterways caused a dual shock in oil and gold markets. Concurrently, Reuters quoted IMF experts confirming that this crisis has unexpectedly accelerated the global shift towards electric vehicles as a means to escape the volatility of fossil energy prices.