OECD: Energy Crisis Weighing Heavily On Global Economic Growth ...Middle East

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The energy crisis in Europe is going to hit hard around the world this winter – but it will be nothing compared to next year. The recently released World Economic Outlook, the flagship annual report from the Organization of Economic Cooperation and Development (OECD) paints a grim picture for the months and years to come as the world grapples with an unfolding global crisis the likes of which we’ve never seen.  In its own annual energy outlook, the International Energy Agency (IEA), not known for sensationalizing, proclaimed that…

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