Prolonged high oil prices could ‘crimp’ AI boom, WTO warns

2026-03-19 - 14:09

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says Business live – latest updates An extended period of high oil prices as a result of war in the Middle East could “crimp” the AI boom, the World Trade Organization’s chief economist has warned. The war and its impact on energy and fertiliser costs is the main risk to the global economy identified in the WTO’s latest Global Trade Outlook. Continue reading...