business

World Bank Warns Iran War Is Slowing Global Growth

NYT > Business·June 11, 2026
World Bank Warns Iran War Is Slowing Global Growth

The world economy is experiencing a slowdown due to rising energy prices and inflation. A potential war with Iran is contributing to this decline, according to the World Bank. Global growth is being hindered by the increasing costs of energy, which is also fueling inflation. The World Bank's warning highlights the significant impact of geopolitical tensions on the global economy.

✦ AI-generated summary

More from Business