politics

World Bank Warns US-Iran Conflict Could Drive Global Economy to Post-COVID Lows

11 Haziran 2026Al Jazeera

The World Bank has revised its global growth forecast down to 2.5 percent, attributing this decline to escalating energy prices, rising inflation, and increased borrowing costs. These factors are significantly impacting economic recovery in the post-COVID landscape.
The ongoing tensions between the US and Iran are further exacerbating these challenges, leading to fears of a potential conflict that could destabilize the global economy.
The World Bank's updated forecast comes amid rising concerns over the potential for military conflict between the US and Iran, which could lead to further disruptions in global supply chains and energy markets. The post-COVID economic recovery is already fragile, and any escalation in tensions could have dire conseq…
The reduction in the growth forecast highlights the interconnectedness of geopolitical events and economic stability. As energy prices soar due to geopolitical tensions, the ripple effects are felt across various sectors, particularly in developing economies that are more vulnerable to price fluctuations.

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This article reflects the opinions and analyses of the World Bank and does not necessarily represent the views of Al Jazeera.

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