OECD Says Global Economy Hinges on Duration of Middle East Disruptions

The OECD forecasts that If energy disruptions persist, global growth will slow to 2.1 percent in 2026 and 1.8 percent in 2027.
OECD Says Global Economy Hinges on Duration of Middle East Disruptions
Workers walk past an electronic board showing the numbers of the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on April 8, 2025. Kazuhiro Nogi/AFP
|Updated:
0:00

The Organisation for Economic Cooperation and Development (OECD) said the length of disruptions in the Middle East will determine whether the global economy faces a mild slowdown or a more serious downturn.

The Paris-based organization said on June 3 that the conflict has become the main factor shaping global economic prospects and triggering an energy shock.

Google LogoMark Us Preferred on Google
Evgenia Filimianova
Evgenia Filimianova
Author
Evgenia Filimianova is a UK-based journalist covering a wide range of international stories, with a particular interest in foreign policy, economy, and UK politics.