UN cuts global growth forecast amid Iran war and energy shock

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Source: Middle East Eye
Published: 2026-05-20 11:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, International Orgs, Trade & Sanctions, World News, Business & Economy, War & Conflict
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Snippet:
The United Nations has lowered its global growth forecast for 2026 to 2.5 percent from an estimated 3 percent last year, citing rising energy costs and weaker trade linked to the US-Israel war on Iran.
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