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 has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.

Policy forum lays out ‘prolonged disruption’ scenario in which world’s GDP falls to 2.1% this year from 3.4% in 2025

The global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues into next year. A prolonged conflict…

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