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The Times of India
The Times of India
World
TOI World Desk

Iran war could push over 32 million people into poverty; UN warns of 'triple shock' for developing nations

The economic impact of the Iran war could push more than 32 million people into poverty worldwide, with developing countries expected to be affected the most, according to the United Nations Development Programme (UNDP).

Released amid uncertainty over a fragile ceasefire, the report said the world economy is facing a “triple shock” from rising energy prices, food insecurity and slower economic growth. It warned that the conflict is reversing development gains, with uneven impacts across regions.

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