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 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…