SENSEX
NIFTY
GOLD
USD/INR

Weather

image 24    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

World Bank slashes 2026 Middle East growth forecast after energy sector turmoil

The World Bank has significantly lowered its 2026 growth projections for Middle Eastern economies. This comes as a direct result of the ongoing conflict between the US and Iran. The closure of the Strait of Hormuz and damage to infrastructure have disrupted markets.

8 Apr 2026 6:40 pm