A prolonged disruption to the Strait of Hormuz could drag global growth down to 1.8% in 2027, the OECD warned

PARIS - Global economic growth is projected to slow from 3.4 percent in 2025 to 2.8 percent in 2026, before recovering to 3.1 percent in 2027, according to the latest Economic…

Forecasts predicted that global economic growth will slow to 2.8% this year, from 3.4% in 2025.

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…

If energy disruption persists well into next year, some economies could fall into outright recession, with Asian countries reliant on Middle East energy supplies expected to be…

Many countries would risk falling into recession if the war continues into 2027. Read more at straitstimes.com. Read more at straitstimes.com.

The global economic outlook hinges on how long the war in the Middle East lasts, with recession in some countries and sharply higher inflation a real...

Paris, June 3 (Jiji Press)--The Organization for Economic Cooperation and Development on Wednesday lowered its global economic growth forecast for 2026 to 2.8 pct, down by 0.1…

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 war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned…

Global economic growth is projected to slow from 3.4 percent in 2025 to 2.8 percent in 2026, before recovering to 3.1 percent in 2027

A prolonged disruption to the Strait of Hormuz could drag global growth down to 1.8% in 2027, the OECD warned

Growth rates would tumble to levels rarely seen outside of big global events such as the Covid-19 pandemic, report says

Higher energy prices could add 1.3 percentage points to global inflation by 2027