Too early to quantify impact of Iran conflict on global growth, OECD says

BUCHAREST, March 16 (Reuters) - It is too early to quantify impact of the Middle East conflict on global growth, but there is a significant level of downside risk for the global economy right now, the Secretary General of the Organization for Economic Co-operation and Development said on Monday.

"Of course to a large extent it will depend on a lot of factors that we don't have ... the length of the conflict and continued developments but suffice to say there is significant level of downside risk in the global economy right now," Mathias Cormann said during a conference in Bucharest on Monday.

The OECD's current global growth estimate for 2026 is just under 3%.