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Euronews
Euronews
Doloresz Katanich

OECD cuts 2026 global growth forecast and warns of recession risk if Iran war persists

The OECD has downgraded its global growth outlook, warning that rising energy prices, geopolitical tensions and persistent inflation are weighing on the world economy and could push several countries into recession if disruptions continue.

In its quarterly update, the organisation, which represents 38 industrialised countries, forecasts global economic growth of 2.8% in 2026, down from its previous estimate of 2.9%.

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