The Middle East conflict has prompted an energy shock that is driving inflation and may adversely hit global growth, the OECD said.
Under the ‘time-limited disruption’ scenario, it projects growth slowing from 3.4 per cent in 2025 to 2.8 per cent in 2026 before picking up to 3.1 per cent in 2027.
Under the ‘prolonged disruption’ scenario, growth may slow to 2.1 per cent in 2026 and 1.8 per cent in 2027.
Under the ‘time-limited disruption’ scenario, it projects growth slowing from 3.4 per cent in 2025 to 2.8 per cent in 2026 before picking up to 3.1 per cent in 2027.
Under the ‘prolonged disruption’ scenario, growth may slow to 2.1 per cent in 2026 and 1.8 per cent in 2027.
