Forecasts Predict Global Losses of $3 Trillion Due to Middle East Crisis
The International Labour Organization warns that real labor income could sharply decline by <strong>$3 trillion</strong> by <strong>2027</strong> if oil prices continue to rise by <strong>50%</strong> compared to early <strong>2026</strong> levels. This situation is exacerbated by increasing tensions in the Middle East, impacting global markets.