The OECD warns that it is premature to assess the economic impact of the Middle Eastern conflict on global development, citing various unclarified factors that influence the situation.
The Organisation for Economic Co-operation and Development (OECD) has stated that it is too early to quantify the potential impact of the ongoing conflict in the Middle East, specifically in Iran, on global development. This comment was made during a press conference in Bucharest by OECD Secretary-General Mathias Cormann, who noted that the situation is influenced by a myriad of factors that remain largely unclear. The OECD's cautious stance reflects a desire to avoid premature conclusions while acknowledging existing risks.