The OECD warns that prolonged Middle East tensions could slash global GDP growth to 2.1% in 2026, down from 3.4% in 2025, triggering potential recessions worldwide.
The OECD report warns of potential energy shortages due to oil and gas shortages
Jun 03, 2026
04:13 pm
What's the storyThe Organisation for Economic Co-operation and Development (OECD) has warned that a prolonged conflict in the Middle East could severely impact global economic growth.
The Paris-based think tank's latest Economic Outlook, envisions a "prolonged disruption" scenario where no agreement is reached between the US and Iran until 2027.
Prolonged Iran war could push economies into recession, OECD warns
OECD warns prolonged Middle East war could sharply slow global growth
OECD predicts spate of recessions globally if Iran conflict drags into 2027
OECD cuts 2026 global growth forecasts over Iran war fallout
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OECD cuts 2026 global growth forecasts over Mideast war fallout
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The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective…
The global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war…
Policy forum lays out ‘prolonged disruption’ scenario in which world’s GDP falls to 2.1% this year from 3.4% in 2025
Many countries would risk falling into recession if the war continues into 2027. Read more at straitstimes.com. Read more at…
The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.
If energy disruption persists well into next year, some economies could fall into outright recession, with Asian countries…
