IMF sharply lowers Middle East 2026 growth forecast on Strait of Hormuz closure | The National
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Source: The National (UAE)
Published: 2026-07-08 23:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Energy, Economy & Finance, World News, Business & Economy
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Snippet:
The International Monetary Fund on Wednesday sharply downgraded its 2026 growth forecast for the Middle East as the Strait of Hormuz's prolonged closure choked off the region's energy supply chains.
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