The Organisation for Economic Cooperation and Development (OECD) has warned that the world economy is at risk because of the continuing conflict in the Middle East. The group’s new report says that if the situation does not improve, growth may slow to 2.1% by 2026. Economists say this could mean a global recession.

The OECD report explains that energy markets are very important for the global economy. If the conflict causes long-term problems with oil and gas supplies, energy prices may rise quickly. This could make goods more expensive and reduce people’s spending.

Asian countries are expected to be especially affected, as many depend on oil and gas from the Middle East. A big increase in energy prices could slow down their economies. The OECD says that strong diplomatic action is needed to protect trade and support growth in the future.