The Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly three years. US inflation accelerated significantly, while the World Bank now forecasts the slowest global growth since 2020 due to soaring energy prices and disrupted commodity flows.

The economic fallout from the Iran war — higher energy prices and increased uncertainty — will drag down global growth this year, the World Bank said Thursday

The World Bank on Thursday lowered its global growth forecast to its lowest level since the pandemic, warning of the expanding economic impacts of the war in the Middle East on…

Global economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices and created uncertainty. Developing…

World Bank projects global growth at 2.5% in 2026 as the US-led war on Iran disrupts oil supply, sends Brent past $120, and pressures emerging markets.

The cost of services like haircuts, restaurant meals, plumbers, and hotel stays also rose faster in recent months, from three to 3.5 percent, suggesting price pressures are…

Europe, China and the U.S. are straining to meet the demands of the AI boom

Global growth forecast cut to 2.5 percent due to surging energy prices, inflation and borrowing costs.

"For light at the end of the tunnel, you’d have to look to the 2030s," says the World Bank's chief economist.

NY Times: The world economy is weakening as energy prices fuel a new bout of inflation.

The ECB raised rates to 2.25% as Eurozone inflation hit 3.2% amid the Iran war, while the Fed held steady. Here's what it means for markets and crypto.

The Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly three years. US inflation accelerated…