The International Monetary Fund (IMF) has revised its outlook for global economic growth to 3% in 2026, down from previous forecasts due to the energy crisis caused by the Iran conflict.However, investments in artificial intelligence and other technologies are helping mitigate some of the damage.

The IMF notes that while oil prices have surged nearly 32% this year, existing stockpiles and increased production from non-Persian Gulf countries have limited economic fallout.Key economies like the US are expected to grow at 2.3%, supported by tax cuts and a strong stock market.Europe faces slower growth at 0.9% due to higher energy costs, while China's expansion is projected at 4.6%.India remains the fastest-growing major economy at 6.4%.The IMF also highlights that AI advancements are providing resilience against global economic shocks.