IMF cuts growth forecast due to Iran war

The International Monetary Fund is lowering its global growth forecast, citing the economic impact of the ongoing conflict involving Iran. The IMF warns of a cooling global economy, with rising energy prices and inflation as key risks. Germany is projected to be hit particularly hard, with its growth forecast slashed to just 0.8 percent. The assessment highlights how the war's disruption to trade and energy markets is spreading beyond the immediate region.