World Bank warns global growth could slip to 1.3% if US-Iran conflict escalates

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-24T04:06:16Z
Category: finance
Source: Global News

The World Bank has issued a warning that global economic growth could decelerate to 1.3 percent if the conflict between the United States and Iran intensifies. This highlights the significant geopolitical risks to the global economic outlook.

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