Dossier
poorer countries
Coverage of poorer countries in the Nexus archive.
- Report: Disruption of Mideast energy supplies into next year would slam global economy
The OECD warns that prolonged disruption of Middle East energy supplies due to the Iran war could severely harm the global economy, causing recessions, inflation, and higher unemployment. Asian economies reliant on Persian Gulf energy and poorer countries spending more on fuel would be hardest hit, with global growth slowing significantly.