Iran war energy shock could slam global economy into recession, OECD warns

Iran war energy shock could slam global economy into recession, OECD warns

Prolonged disruption of energy supplies from the Middle East due to the Iran war would deal a severe blow to the global economy, sending some countries into recession and spreading inflation and higher unemployment, the Organization for Economic Cooperation and Development said in a report Wednesday. Hardest hit would be Asian economies that depend on … Read more