Donald Trump’s war on Iran risks triggering a global recession, the International Monetary Fund (IMF) has warned in the latest damning assessment of the conflict’s impact on the world economy.
The influential financial body said the international outlook had “abruptly darkened” as a result of the war, which threatens to throw the global economy “off course” and could cause an energy crisis on an unprecedented scale. As oil and gas prices continue to rise, a worldwide recession could be a “close call” in a severe scenario in which there is further turmoil, the body warned.
