As the Middle East conflict drives up energy costs and clouds outlooks, the UN warns the world economy faces one of its weakest years since the 2008 financial crisis — with Europe among the hardest hit.

OECD Secretary General Mathias Cormann stated that the ongoing Middle East conflict is worsening global economic risks, exerting downward pressure on growth and upward pressure on…

NEW YORK: The UN on Tuesday warned that the Iran war has dealt a fresh blow to the global economy, dragging down growth forecasts, reviving inflationary pressures and threatening…