image sourced from original article at The World Trade Organization has warned that the ongoing war in the Middle East could significantly slow global trade, adding further strain to an already weakening outlook. The organization projects that merchandise trade volume growth could fall to as low as 1.4 percent this year, a sharp drop from the 4.6 percent recorded in 2025.
According to the organization’s chief, sustained increases in energy prices pose serious risks to global trade. Higher energy costs could ripple through the global economy, affecting food security and increasing financial pressure on both consumers and businesses worldwide.
