The International Monetary Fund on Tuesday lowered its global growth forecast, warning that the ongoing Iran war has disrupted economic momentum and is likely to push inflation higher worldwide.In its latest World Economic Outlook, the IMF projected global growth at 3.1% for 2026, down from the 3.3% forecast in January. The figure also reflects a slowdown from the estimated 3.4% growth in 2025.The downgrade comes as US and Israeli strikes on Iran, along with Tehran’s closure of the Strait of Hormuz and retaliatory attacks on regional energy infrastructure, have driven up global oil and gas prices.As a result, the IMF raised its global inflation forecast to 4.4% this year, compared to 4.1% in 2025 and its earlier estimate of 3.8% for 2026.Before the conflict, the global economy had shown resilience despite protectionist trade policies introduced by Donald Trump, including tariffs on imports. A strong technology sector, driven by investments in ...