OECD: global economy has been more resilient to Iran war than expected

Paris-based body warns that ‘economic prospects remain heavily dependent on durable resolution to conflict’ The global economy has withstood the strains of the Iran war better than first feared but its outlook is “heavily dependent” on a lasting resolution to the conflict, the Organisation for Economic Co-operation and Development (OECD) has warned.

In its interim economic outlook, the Paris-based body suggested global growth had been more resilient than expected when the US-Israeli war on Iran began in late February.

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