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Economists at IMF issue stark warning that Iran war could tip world toward recession

The fund warned a longer conflict could push oil and gas prices up 100% to 200% and make a global recession a close call.

Summary by KRDO
By Hanna Ziady, Stephanie Yang, CNN (CNN) — The International Monetary Fund has modestly reduced its forecast for global economic growth this year due to the Iran war but warned of more severe potential impacts of the conflict, the latest global economic body to do so. “The global outlook has abruptly darkened following the outbreak of war in the Middle East,” Pierre-Olivier Gourinchas, economic counsellor at the IMF, wrote in the fund’s latest …

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  • 67% of the sources lean Left
67% Left

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CNN broke the news in Atlanta, United States on Wednesday, April 15, 2026.
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