OECD: Global economy more resilient to Iran war than expected

OECD: Global economy more resilient to Iran war than expected

The OECD says the global economy has weathered the Iran war better than first feared, helped by released oil stockpiles, lower Chinese energy imports and fuel switching. But it warns growth remains heavily dependent on a durable Middle East resolution, with resurgent oil and gas prices, rising debt-servicing costs and El Niño posing risks.

Source: theguardian.com

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