OECD warns prolonged Gulf energy shock could trigger global slowdown
An OECD report warns that a prolonged disruption to energy flows from the Gulf into 2027 could push global growth to about 2.1% this year and 1.8% next, creating a “dark scenario” with higher inflation and rates and potential output scar. If the crisis ends sooner, growth could stay around 2.8% this year and 3.1% in 2027, with central banks able to keep policy rates relatively steady, though the risks remain significant.