IMF Lowers Global Growth Forecast to 3.1 Percent Amid Rising Energy Prices and Middle East War

The International Monetary Fund has lowered its global growth forecast for 2026 to 3.1% due to the ongoing conflict in the Middle East causing energy market disruptions.While advanced nations like the US maintain moderate growth, emerging markets face severe pressure from rising oil, gas, and fertilizer costs.The IMF warned that a prolonged war could trigger a global recession, urging central banks to adopt cautious monetary policies while prioritizing renewable energy investment.
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