Event details
AP and CBS reported that the World Bank cut its global growth forecast to 2.5 percent, citing energy-price pressure, inflation, and uncertainty from the Iran war. The forecast downgrade extends the dashboard's market lane beyond oil ticks into global growth, food, fertilizer, and borrowing-cost risk.
Context
This turns the crisis into a measurable global macro event. If Hormuz, Gulf LNG, and oil flows remain unstable, the damage spreads from regional security into inflation, central-bank policy, and emerging-market growth.
- Local time
- 11:37 AM Eastern Time, Jun 11, 2026
- Location
- Washington, D.C. / global economy
- Relationship
- Update