WTO cuts global trade outlook, says Middle East conflict lifts energy risks

WTO cuts trade and growth outlook as Middle East conflict lifts energy risks. Summary: WTO cuts global trade and growth forecasts due to Middle East conflict Goods trade growth seen at 1.4% vs 1.9% previously Global GDP forecast lowered to 2.5% from 2.8% Energy disruptions via Strait of Hormuz driving outlook downgrade Higher oil and […]