AXIOS (Ben Geman) - The massive economic impact of the global energy crisis
Even if the Iran war ended now and the Strait of Hormuz reopened, the crisis has lasted long enough to bring a meaningful and damaging toll worldwide. Why it matters: "What began as a disruption in a key energy corridor is now feeding through the entire global economy," the UN's trade and development arm said in an analysis . Driving the news: Fresh outlooks are landing that take stock of the war's effect. - The UN expects global economic growth to slow from 2.9% in 2025 to 2.6% this year, and that's without further escalation. - It's not just about energy. Goods needed for fertilizers and much more transit the region — only right now, they don't. Threat level: Developing nations are hardest hit, though Europe is also reliant in the…