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The US-Israel-Iran war · Energy, shipping and markets

IMF cuts 2026 Gulf growth forecasts over the prolonged Hormuz closure and projects the region will shrink 2 percent

Reportedon one origin only: 1 distinct origin, 0 tied to no party.

The IMF's World Economic Outlook projected the Middle East and North Africa economy would contract 2 percent in 2026, the only region to shrink, with contractions of 11.3 percent in Bahrain, 16.7 percent in Kuwait and 15.6 percent in Qatar, The National reported. Qatar's emir said separately that government revenue fell 42 percent in the first half as LNG exports dropped.

When
13 October 2026
Where
Middle East, No single country
What
market
Attribution
Not attributed
In the record
Published 2026-10-27 21:03 UTC · revision 1 · backfilled

Sources

  1. Evidence The National Media · Government of the United Arab Emirates origin: IMF World Economic Outlook · published 2026-10-13 00:00 UTC
  2. Origin of the claim The National Media · Government of the United Arab Emirates origin: Qatari emir speech to the Shura Council · published 2026-10-13 00:00 UTC

History

WhenFieldFromToWhy
2026-10-27 21:03 UTCstatusnullreportedP1 backfilled: researched from cited sources and graded by the one rule

Cite or reuse

The War Record, "IMF cuts 2026 Gulf growth forecasts over the prolonged Hormuz closure and projects the region will shrink 2 percent", ev-20261027-68gh, revision 1, https://thewarrecord.com/events/ev-20261027-68gh/

This month's events as JSON (id ev-20261027-68gh) · CC BY 4.0