The world has been predicted to face the deepest economic downturn in nearly half a century

If the Middle East conflict lasts until 2027, global economic growth could fall to 1.8%.

This forecast by the Organisation for Economic Co-operation and Development (OECD) was cited by Bloomberg.

A more grim scenario states that the economic consequences of the Iranian crisis would trigger the sharpest slowdown in the last 40 years, excluding the COVID-19 pandemic and the 2008 financial crisis.

According to the OECD's projections, the prolongation of the American-Iranian war until 2027 would lead to some economies falling into recession or close to it. Unemployment levels would rise, and investment levels would decline, including investment in artificial intelligence.