Countries Unevenly Impacted by Global Economic Shocks from Mideast Conflict By Naureen Hossain Copyright © 2026 IPS-Inter Press Service.

Countries Unevenly Impacted by Global Economic Shocks from Mideast Conflict By Naureen Hossain https://www.ipsnews.net/2026/05/countries-unevenly-impacted-by-global-economic-shocks-from-mideast-conflict/ UNITED NATIONS, May 20 2026 (IPS) - The ongoing crisis in the Middle East and the closure of the Strait of Hormuz continue to put immense stress and risk on the global economy. A new UN report highlights that slowing growth, re-emerging inflation rates and heightened uncertainty affect the world entirely, but they are playing out differently across different economic brackets. Developing and vulnerable economies are feeling the shocks more acutely without sufficient resources or robust policies to address incoming challenges. Copyright © 2026 IPS-Inter Press Service.