Hormuz Energy Shock Could Derail Global Growth, OECD Warns
TL;DR
The OECD warns that a prolonged disruption of energy supplies from the Middle East, especially via the Strait of Hormuz, into next year could severely curb global growth, threaten jobs, and push up prices.
- Report: Disruption of Mideast energy supplies into next year would slam global economy AP News
- New forecasts lay out 2 rocky paths for global economy Axios
- Prolonged energy disruption from Iran war would be severe blow to global economy: Research The Hill
- OECD Warns of Severe Global Slowdown if Middle East Conflict Is Prolonged WSJ
- OECD says protracted war could drag on global growth, push up inflation Reuters
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