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The World Bank reduced its 2026 global growth forecast from 2.6% to 2.5% because of energy-supply disruptions and says the UK reported its first monthly contraction since August.
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Economic slowdown comes from Iran-war energy disruption
The World Bank reduced its 2026 global growth forecast from 2.6% to 2.5% because of energy-supply disruptions and says the UK reported its first monthly contraction since August.
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Economic slowdown comes from Iran-war energy disruption
The World Bank downgraded its global growth forecast for 2026 from 2.6% to 2.5%, blaming energy supply disruptions caused by the Iran war. Likewise, the UK reported its first monthly economic contraction since August, citing the effect of the war on output.
The World Bank reduced its 2026 global growth forecast from 2.6% to 2.5% because of energy-supply disruptions and says the UK reported its first monthly contraction since August.
Open source report