OECD Projects Global Growth at 2.9% in 2026 Amid Middle East Conflict Risks
The latest in this situation
- Regional instability and conflict in the Middle East are impacting global growth, energy prices, and trade flows.
- Global conflicts disrupt energy supply chains, and a conference on global issues is being held in NYC.
- The ongoing Middle East conflict is impacting global markets, driving up energy and raw material costs, which are being monitored by market analysts like Isabel Schnabel.
How it started
What happened
The Organization for Economic Cooperation and Development (OECD) released its Economic Outlook Interim Report on September 23, 2026. The organization projects global economic growth will be 2.9 percent in 2026 and 3.0 percent in 2027. This outlook is based on the assumption that Brent crude prices and TTF gas prices peak in the fourth quarter of 2026.
From europesun.com
Why it matters
The OECD noted that the projections are influenced by the ongoing Middle East conflict and high energy prices. The organization stated that while global output is currently growing faster than its forecast from June, a lengthy conflict could negatively impact 2027 growth.
From europesun.com, morningstar.com
Who's involved
- Organization for Economic Cooperation and DevelopmentOrganization providing global economic projections and reports on G20 economies.
- Middle EastGeopolitical region whose conflict drives global economic uncertainty and growth forecasts.
- G20Group whose economic performance is evaluated against OECD standards.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.How it developed
Newest first. Tap a step to see who reported it.- Regional instability and conflict in the Middle East are impacting global growth, energy prices, and trade flows.Sub-event
- Global conflicts disrupt energy supply chains, and a conference on global issues is being held in NYC.Sub-event
- The ongoing Middle East conflict is impacting global markets, driving up energy and raw material costs, which are being monitored by market analysts like Isabel Schnabel.Sub-event
Geopolitical conflict is driving energy supply chain disruptions and causing central banks to favor the euro.1 source
- War in the Middle East caused energy shocks that are impacting global growth targets.Sub-event
- Monitors observed regarding South Korea's potential growth rate decline by the Organization for Economic Cooperation and Development.Sub-event
Conflict approaches 100 days, leading to lowered global growth forecasts.1 source
Global bodies assess how the Middle East conflict impacts global growth and energy markets.1 source
Show 1 earlier step
IEA monitors global oil supply losses as the conflict approaches 100 days.1 source
Keep exploring
The entities involved
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Organization for Economic Cooperation and Development
intergovernmental economic organization
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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International Energy Agency
autonomous intergovernmental organisation
Related events
- Conflict in the Middle East caused business uncertainty and cost pressures, though ceasefire hopes supported business optimism.
- Middle East conflict is impacting global supply chains and trade.
- Geopolitical conflicts in the Middle East are causing energy volatility and impacting APEC economies.
- Global energy supply chains are disrupted by conflicts, leading to calls for G7 meetings and coordinated oil reserve releases for Europe.
- Middle East conflict is driving higher energy costs, affecting Botswana.
Coverage
Newest first; wire copies grouped- equitybulls.com
- ksevradio.com
- europesun.com
- morningstar.com
- contexte.com
- indiagazette.com
- euronews.com
- investorplace.com
- cnn.com
- brazilsun.com
- bruneinews.net
- zimbabwestar.com
- en.people.cn
- interest.co.nz
- greekherald.com
- batonrougepost.com
- kenyastar.com
- birminghamstar.com
- afghanistansun.com
- indiagazette.com
- europesun.com
- sandiegosun.com