Iran war wreaks havoc on global economy and could spark recession, says IMF

Submitted by Rayhan Uddin on Tue, 04/14/2026 - 16:23 Middle East, emerging economies and UK particularly hit, as growth projected to fall and inflation to rise A cargo ship leaves a berth at Qingdao port, in China’s eastern Shandong province on 14 April 2026 (AFP/CN-STR) Off The war on Iran has “abruptly darkened” the global economic outlook, and if it continues could trigger a worldwide recession, the International Monetary Fund (IMF) has warned. In its latest World Economic Outlook, a half-yea