• Commonwealth Bank of Australia forecast global GDP growth of 2.5% in 2026, 2.7% in 2027, 2.6% in 2028.
• Baseline assumes the Iran war spillover into the Red Sea is resolved by year-end.
• Spot oil prices remain within historical ranges so far, signaling the global economy has absorbed the energy price shock.
• Warned a prolonged partial closure of the Strait of Hormuz could drive a sharp oil-price rise.
• Higher oil would lift global inflation pressure, weighing on growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commonwealth Bank of Australia published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.