The International Monetary Fund (IMF) forecasts that the global economy grows by around 3% this year, marking a modest downgrade from its earlier outlook. In its latest assessment, the IMF cites an energy shock linked to the Iran war as a key factor weighing on economic activity. Multiple reports say the forecast is lower than previously expected and reflects weaker momentum compared with earlier projections. The IMF’s view is that the conflict’s impact is not uniform across the economy, with some effects tempered by technology investment. Several outlets report that strong investment in artificial intelligence and other advanced technologies is providing partial support, helping offset some of the drag from higher energy costs and uncertainty associated with the conflict. The reports also describe changes in the IMF’s projected growth rates compared with prior forecasts, including a reduction from an April estimate and reference to growth expectations for 2026. Overall, the IMF presents a picture of slower, subdued global growth, with near-term risks tied to the Iran war while technological investment contributes to resilience in parts of the economy.