06/09/2026
A new OECD report warns that prolonged disruption of Middle East energy supplies could slow global economic growth and increase inflation worldwide.
According to the report:
๐น Global growth could slow to 2.1% this year and 1.8% in 2027 under a prolonged disruption scenario
๐น About 20% of the worldโs crude oil, fuel products, and natural gas supplies have been affected by reduced traffic through the Strait of Hormuz
๐น Asian economies dependent on Gulf energy supplies are expected to face the largest impact
๐น The OECD also noted heightened risks for lower-income countries heavily reliant on imported fuel
The organization said global growth levels under the prolonged disruption scenario would approach those seen during the COVID-19 pandemic and the late-2000s financial crisis.
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The consequences of sharply higher energy prices and inflation would be felt around the world.